Barnes & Noble (s BKS) had no comment, but the DOJ lawsuit and
following publisher settlements are not good news for the nation's largest bookstore chain.
Not exact matches
The
settlement appears to
follow the outlines of Amazon's recent agreement with Simon & Schuster — the
publisher can set its own price for its ebooks, but they get better terms if the price is in the range Amazon likes.
The bureau said the consent agreement with HarperCollins
follows similar
settlements reached with Hachette Book Group, Macmillan
Publishers, Simon & Schuster and Apple last January that permit retailers to sell digital books they publish at a discount.
I almost missed this one in my effort to
follow all the new e-reader news today: Judge Cote approved the DOJ
settlement with three of the so - called «big six»
publishers.
If I read the terms of the
settlement correctly, there will be a two year period of no price fixing by the
publishers involved,
followed by a free grant for the
publishers to do exactly what they're doing now, with the Department of Justice's blessing.
The company released the
following statement on the three
publishers»
settlement: «This is a big win for Kindle owners, and we look forward to being allowed to lower prices on more Kindle books.»