By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - General - APPLE guilty on price fixing

Ail on 11 July 2013
famousringo said:
thranx said:
NiKKoM said:
Not good.. Amazon undercuts everyone hurting the writers and publishers.. books have been devalued a lot beause of Amazon.. won't be surprised if some publishers will go down..


if they dont like amazon prices they shouldn't do business with them.


That's actually what prompted the DoJ's whole investigation. Publishers tried to withhold books from Amazon unless they changed to the agency model. Amazon complained to the DoJ.

 

I might be able to get behind this ruling if the DoJ showed any signs at all of investigating Amazon for predatory pricing. Why the hell is the new entrant being investigated before the monopolist?

Oh, when the monopolist is forced to stop selling books below cost, the price of books goes up? How shocking. Barnes & Noble testified that Amazon's pricing scheme made competition impossible, and they planned to do the same thing Apple did: Change the business model to make competition possible again.

Now we have a competitive landscape where Amazon has been given a license from the DoJ to use predatory pricing to squeeze out competition in e-books, it can use its tax-evasion tactics to tighten its grip on paper books, and Amazon already has projects well underway to displace publishers from the value chain. The same clowns who have failed to prosecute a single banker over the economic collapse are handing over an entire medium to one company on a silver platter.

 

Burn many Wall Marts lately ?



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

Around the Network
Ail on 11 July 2013
ebw said:
famousringo said:
thranx said:
NiKKoM said:
Not good.. Amazon undercuts everyone hurting the writers and publishers.. books have been devalued a lot beause of Amazon.. won't be surprised if some publishers will go down..


if they dont like amazon prices they shouldn't do business with them.


That's actually what prompted the DoJ's whole investigation. Publishers tried to withhold books from Amazon unless they changed to the agency model. Amazon complained to the DoJ.

 

I might be able to get behind this ruling if the DoJ showed any signs at all of investigating Amazon for predatory pricing. Why the hell is the new entrant being investigated before the monopolist?

Oh, when the monopolist is forced to stop selling books below cost, the price of books goes up? How shocking. Barnes & Noble testified that Amazon's pricing scheme made competition impossible, and they planned to do the same thing Apple did: Change the business model to make competition possible again.

Now we have a competitive landscape where Amazon has been given a license from the DoJ to use predatory pricing to squeeze out competition in e-books, it can use its tax-evasion tactics to tighten its grip on paper books, and Amazon already has projects well underway to displace publishers from the value chain. The same clowns who have failed to prosecute a single banker over the economic collapse are handing over an entire medium to one company on a silver platter.

This seems to be a case of anti-trust law being too ham-fisted to suit its supposed purpose of improving competition.  According to Wikipedia, even conspiring to LOWER prices is considered illegal price-fixing, which sets a very low bar for the DoJ to pass.  On the other hand, successful cases against predatory pricing are few and far between.  In a way, Apple got punished for going vigilante to bust up the Amazon monopoly before the DoJ could be bothered to lift a finger.

Fact is price of most e-books went up instantly around 30% the day Apple entered the market.

Now if all of you find that ok, you have just been brain washed way too much...



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

NiKKoM on 11 July 2013
Ail said:
NiKKoM said:
Not good.. Amazon undercuts everyone hurting the writers and publishers.. books have been devalued a lot beause of Amazon.. won't be surprised if some publishers will go down..


That's incorrect.

Amazon hurts publishers it is true.

Amazon is however one of the main reason royalties rate paid to writers  is much higher on e-books than on paper books.

It's a bad assumption to assume everything bad for publishers is bad for writers.  Publisher and writer interests only intersect in the case of big very popular writer.

Thats not true.. its only when you self publish but writers get a higher cut when the ebook price is below 10 bucks.. above it and it's a smaller cut.. If you want more royalty for an Ebook you effectivly are destroying the value of the paper book.. it's a dirty play by Amazon

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9920920/Self-published-authors-hit-by-Amazon-online-royalties-cut.html



 

Face the future.. Gamecenter ID: nikkom_nl (oh no he didn't!!) 

famousringo on 11 July 2013
Ail said:

Fact is price of most e-books went up instantly around 30% the day Apple entered the market.

Now if all of you find that ok, you have just been brain washed way too much...


Those prices were not sustainable in the first place. You think Amazon was going to take a 30% loss on book sales forever? How naive.



"The worst part about these reviews is they are [subjective]--and their scores often depend on how drunk you got the media at a Street Fighter event."  — Mona Hamilton, Capcom Senior VP of Marketing
*Image indefinitely borrowed from BrainBoxLtd without his consent.

Ail on 11 July 2013
famousringo said:
Ail said:

Fact is price of most e-books went up instantly around 30% the day Apple entered the market.

Now if all of you find that ok, you have just been brain washed way too much...


Those prices were not sustainable in the first place. You think Amazon was going to take a 30% loss on book sales forever? How naive.


Amazon never sold e-books at a loss. They had some titles selling at a loss ( mostly bestsellers) but overall they were not making loss on the e-book business.( hardware not included, the original kindle was most likely sold at a loss)

 

As for poor Barnes and Nobles sorry but I am not going to shed a tear for a company that killed most of the independant bookstores in the country by selling bestsellers at close to a 50% discount.  Don't whine about companies doing to you what you did to others companies..........



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

Around the Network
Ail on 11 July 2013
NiKKoM said:
Ail said:
NiKKoM said:
Not good.. Amazon undercuts everyone hurting the writers and publishers.. books have been devalued a lot beause of Amazon.. won't be surprised if some publishers will go down..


That's incorrect.

Amazon hurts publishers it is true.

Amazon is however one of the main reason royalties rate paid to writers  is much higher on e-books than on paper books.

It's a bad assumption to assume everything bad for publishers is bad for writers.  Publisher and writer interests only intersect in the case of big very popular writer.

Thats not true.. its only when you self publish but writers get a higher cut when the ebook price is below 10 bucks.. above it and it's a smaller cut.. If you want more royalty for an Ebook you effectivly are destroying the value of the paper book.. it's a dirty play by Amazon

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9920920/Self-published-authors-hit-by-Amazon-online-royalties-cut.html

 

authors get up to 10% on paperbacks, 15% on hardcovers ( if they sell over 10 000 copies) and typically 25% on e-books.



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !