Not just a one day event, I'm blogging every day about what I'm thankful for

One of the clearest descriptions about the Hachette/Amazon feud I have seen.

chrismcmullen

Amazon Hachette Underwear

AMAZON VS. HACHETTE

In the red corner stands the reigning world champion, weighing in at ninety billion: Amazon.

And in the blue corner stands tonight’s challenger, weighing in at four hundred million: Hachette.

In a nutshell:

  • Amazon would like to see lower fiction e-book prices, i.e. $9.99.
  • Hachette wants to control e-book prices, e.g. $14.99 to $19.99.

For a balanced introduction, see this article.

Imagine that Amazon was a chain underwear store. You could find one in just about every mall in America.

Imagine that Hachette was a popular underwear distributor.

Amazon is where people shop for underwear. Hachette has the underwear that people want to wear.

Suppose that Hachette decides to set its wholesale price at $14.99.

Suppose that Amazon refuses to buy underwear at a price above $9.99.

Should Amazon be forced to stock Hachette’s underwear and sell it at higher prices?

  • No. It’s crazy to think…

View original post 304 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Tag Cloud

%d bloggers like this: