The most recent attempt started in 2010 when five major U.S. publishers — MacMillan, Hachette, Simon & Schuster, HarperCollins, and Penguin — entered into a so - called agency pricing model with Apple, then allegedly used the Apple deal as leverage to force other retailers into adopting the same pricing model. (pcworld.com)
Arguably, Schumer seems to feel that the publishers will not have the money to invest in debut authors if they are forced to pay out large settlements; he also feels that if Apple is forced to adopt the same pricing model that Amazon initially employed for ebooks, Apple will not be able to sell as many new titles. (goodereader.com)
Five major publishers all demanding the same pricing model at the same time? (madgeniusclub.com)