Monday, February 01, 2010

Amazon Accepts Macmillan’s Demand for Higher E-Book Prices - NYTimes.com

Not likely to be the final chapter in this story…

In a strongly worded message on its Web site on Sunday, Amazon said that while it disagreed with Macmillan’s stance, it would bow to the publisher’s plan.

“We have expressed our strong disagreement and the seriousness of our disagreement by temporarily ceasing the sale of all Macmillan titles,” Amazon said. “We want you to know that ultimately, however, we will have to capitulate and accept Macmillan’s terms because Macmillan has a monopoly over their own titles, and we will want to offer them to you even at prices we believe are needlessly high for e-books.”

Amazon Accepts Macmillan’s Demand for Higher E-Book Prices - NYTimes.com

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