Amazon Fights Back on eBook Pricing
According to The New York Times, Amazon is biting back hard at the big publishers–Hachette, Simon & Schuster, Macmillan, Penguin, and HarperCollins–that have been standing up to the retail giant over eBook pricing. According to the article, Amazon is threatening to stop selling certain publishers’ books unless they agree to “a detailed list of concessions regarding the sale of electronic books.”
Amazon’s main requirement for publishers is that they sign three-year contracts stipulating that, though they have the right to set their own eBook prices (a concession Amazon made after its standoff with Macmillan), they won’t let any other retailer sell their eBooks for a lower price than Amazon.
That
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