[credo]

Amazon has mastered the art of saying nothing with a lot of self-serving words :)

Their post is titled "Update re: Amazon/Hachette Business Interruption". However, they don't state what their specific demands are and why the business was (in their words) interrupted.

Amazon's proclaimed objectives aren't as important as knowing what their specific demands (from Hachette) are. I'm not a book-author, but as a developer, I set the prices of the software products I develop (Apple and Google let me do that, Amazon doesn't). So my sympathies are with the book publishers, but even if they weren't, I'd still like Amazon to explicitly spell out their demands instead of using self-serving pricing elasticity theories to sway public opinion.

[gergles]

You set your wholesale price. You don't get to set retail prices. If I want to buy something from you at $1000 and resell it at $1, that's my business. eBook publishers have this delusion where they get to set retail prices, and it's backwards and wrong.

[notatoad]

They seem to be pretty explicitly stating their goals here: they want the vast majority of ebooks to sell for $9.99 or less. The publishers want more.