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That was quick. After pulling Macmillan e-book titles on Friday following a pricing dispute,...

That was quick. After pulling Macmillan e-book titles on Friday following a pricing dispute, Amazon (AMZN -1.4%) does an about-face and says it will re-list the books and allow Macmillan to charge higher prices. "Ultimately we will have to capitulate and accept Macmillan's terms because Macmillan has a monopoly over their own books."
Comments (2)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    Are you sure you got this quote right?

     

    "Ultimately we will have to capitulate and accept Macmillan's terms because Macmillan has a monopoly over their own books."

     

    I have a monopoly over my own house.
    1 Feb 2010, 09:30 AM Reply Like
  • Baeck
    , contributor
    Comments (71) | Send Message
     
    It's understandable that Amazon would fight the publishers over pricing. After all, lower prices on Kindle books mean higher sales of Kindle hardware. The advantage would be especially large if Amazon could keep lower pricing on books than Apple's new iBook store in that it could still make Kindle an attractive buy versus the low-end iPad.
    1 Feb 2010, 09:34 AM Reply Like
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