As of this 5:23 p.m. ET writing, the same book currently costs $8.89 on Google Play and $9.99 on Kobo. This week, Hachette dropped the agency model for eBook pricing, allowing digital book marketplaces to price books as they wish. Will we see eBook price wars without these price restrictions?
paidContent has more about the new eBook contracts: “Hachette’s new contracts with ebook retailers following the publisher’s September settlement with the Department of Justice are now place. As of Tuesday, Amazon had begun discounting some Hachette ebooks slightly; today, the discounts are larger, and Google and Barnes & Noble is discounting as well. Apple is not discounting the ebooks yet.” (link via ohhaiworld)