Sentences with phrase «abandoning of agency pricing»
The publisher settlements and the abandoning of Agency pricing was purely based in the United States.
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The Government is basically forcing Kobo to abandon the agency model of eBook pricing.
It did so by abruptly and collectively by abandoning the long - time industry - norm of wholesale pricing and adopting instead what is called the agency model, in which retailers get a percentage of any sale rather than being allowed to set the price of goods themselves.
This settlement will allow retailers to set the price of ebooks again, meaning the publishers will have to negotiate all new contracts with their retailers and agree to abandon the «agency model» that was established under the supposed anti-trust violations.