A number of them are in lawsuits with the DOJ
over agency pricing, but all the short - term repercussions of that suit are already worked into the systems.
The DOJ has alleged collusion and price - fixing
over the agency pricing model.
Penguin reached an agreement with the European Union «to settle its antitrust investigation
over agency pricing, in order to «clear the decks» ahead of the company's proposed merger with Random House,» the Bookseller reported, noting that under the deal, Penguin «would not «restrict, limit or impede» e-book retailers» discounts or their ability to «set, alter or reduce retail prices for e-books» for two years.»
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future
pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase
price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and
agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control
over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The IRS launched the investigation in part because the
price of bitcoin soared from $ 13 to
over $ 1,100 during the years in question, and because only 802 people reported their bitcoin gains or losses in 2015 to the
agency.
Although the FDA can't dictate
prices or reject therapies
over pricing concerns (they can only focus on safety and efficacy), the
agency can encourage more competition through moves like this (as well as speedier approval pathways) which could spur drug makers to produce products that ultimately lower costs for patients — a goal cited by FDA Commissioner Scott Gottlieb in announcing the list.
Crude oil futures are at just
over $ 44 / barrel, after the International Energy
Agency forecast
prices would stay in the doldrums through 2020.
The average house
price in the region is # 198,000, well below the national average, which is also stoking demand and
prices are expected to increase 17 %
over the next four years as demand races ahead of supply, according to data from
agency, Knight Frank.
National - based rivals Mevgal, Fage and Olympos were also suspected of collusion
over milk
prices in 2004, according to the Associated Press
agency.
Our free -
agency is
over and we stayed away from big names and
prices.
When the 2000 season was
over and Los Angeles would not meet their asking
price, Dreifort and his agent, the insatiable Scott Boras, threw a line in the bountiful waters of free
agency and found a single large fish: the Colorado Rockies.
Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the
price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating
agencies including fitch continue to downgrade Nigeria ever since Buhari took
over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.
Also, a more stringent global regulatory framework for «
Over The Counter» oil derivatives and greater transparency on professional
price reporting (the «Price Reporting Agencies») are important for the smooth functioning of markets and for its operators, but they will have a very limited impact on the final p
price reporting (the «
Price Reporting Agencies») are important for the smooth functioning of markets and for its operators, but they will have a very limited impact on the final p
Price Reporting
Agencies») are important for the smooth functioning of markets and for its operators, but they will have a very limited impact on the final
priceprice.
The Prius c actually offers a couple of advantages
over the regular Prius, including a lower
price tag and better gas mileage according to the United States Environmental Protection
Agency.
As we noted recently in our story on the fight between California and the Trump administration Environmental Protection
Agency over corporate average fuel economy (CAFE) standards, when fuel
prices are lower, Americans vote for larger vehicles.
The later 1.5 liter American - market CRX HF (high fuel economy) model (chassis codes EC1 and AF) could also reliably achieve very good gas mileage, more than a decade before gas - electric hybrids appeared on the market, and at no
price premium
over the base model; the 1.5 liter is rated by the U.S. Environmental Protection
Agency (EPA)(under the new rating system) at 42 miles per U.S. gallon (5.6 l / 100 km; 50 mpg ‑ imp) city and 51 miles per U.S. gallon (4.6 l / 100 km; 61 mpg ‑ imp) highway.
Asked if the higher
pricing of e-books, in the wake of publishers» new
agency agreements with Amazon, had also figured in the slowdown of e-book sales, Reidy noted that in the wake of publisher settlements
over e-book
price - fixing charges in the case with Apple, «I'm not supposed talk about
pricing,» but added that «our data says that our
pricing is effective.»
That statement was that Apple could not engage in book discounting under the
agency model for at least two years, and then it could only negotiate terms of the so - called «
agency model» (in which the publishers set the
prices of their books, not the retailer) with one publisher at a time spread out
over a period of six months each.
If Amazon had wanted to go head - to - head with Apple a few years ago — a giant who enjoyed monopoly control
over both the online music business and the market for related hardware like the iPod — it might have offered record labels the opportunity to cut a deal that would have guaranteed them higher
prices, just as Apple has done with publishers and the
agency -
pricing model.
Upholding the
agency model would give publishers more control
over pricing and limit discounting, helping the industry avoid sales losses as more consumers buy books online.
Hachette Book Group USA, where authors include Stephenie Meyer and Malcolm Gladwell, announced Thursday its support for the
agency model, which gives publishers more control
over pricing.
Under Macmillan's model, known as the «
agency model,» e-books will be
priced from $ 12.99 to $ 14.99 when first released, with
prices changing
over time.
Glance
over at Explaining the
Agency Model for E-Book Pricing in Layman's Language for a super-quick overview of what the agency model actually means, since unless you're a writer or otherwise connected with the publishing industry, most of the brouhaha in question actually won't mean much t
Agency Model for E-Book
Pricing in Layman's Language for a super-quick overview of what the
agency model actually means, since unless you're a writer or otherwise connected with the publishing industry, most of the brouhaha in question actually won't mean much t
agency model actually means, since unless you're a writer or otherwise connected with the publishing industry, most of the brouhaha in question actually won't mean much to you.
But when I read the discussion that took place
over the weekend at Paidcontent.org between Mathew Ingram and Laura Owen that is described as a «smack - down,» I scratch my head and wonder if anyone can make something more than an emotional and nostalgic argument to defend a practice (the likely illegal
price - fixing scheme called «
agency pricing «-RRB- that is just such a «subsidy» model.
One last fact: Even after the
price - fixing issue called «
agency pricing» is settled and
over, nothing prevents publishers from charging Apple and Amazon and any other ebook channel that comes online between now and forever, whatever
price they want for an ebook.
Apple, Pearson and Macmillan continue to fight the US Justice Department in reaching a settlement
over their
agency eBook
price fixing.
Instead, the agreements allow e-book retailers to discount
prices up to the aggregate cost — generally a 30 % commission under the
agency model — of the discount computed
over the course of the contract, which is generally a year.»
Since those publishers were forced to abandon the «
agency pricing» model, in which the publishers dictate to the retailers how much the book will cost, they have renegotiated with something called Agency 2, which essentially lets the retailers set their prices for ebooks as long as the total discount over time doesn't exceed thirty pe
agency pricing» model, in which the publishers dictate to the retailers how much the book will cost, they have renegotiated with something called
Agency 2, which essentially lets the retailers set their prices for ebooks as long as the total discount over time doesn't exceed thirty pe
Agency 2, which essentially lets the retailers set their
prices for ebooks as long as the total discount
over time doesn't exceed thirty percent.
Following the Hachette dispute with Amazon
over wholesale versus
agency pricing — a dispute that saw Amazon remove Hachette titles from its website for a time — other publishers fell in line to try to negotiate new terms with the largest book retailer on Earth.
Those same five Big Six publishers — Simon & Schuster, Hachette, HarperCollins, Penguin, and Macmillan — ultimately came to agreements with Amazon in the US
over the wholesale - versus -
agency pricing model.
So all titles you sell at BN through Smashwords that are under $ 2.99 will earn you 60 %
over 40 %, free and clear, without worry that retailers will discount (as Smashwords now operates with the
Agency pricing model, except that we are the «agents» and set our own
price).
The rumblings about Apple (s aapl) and the possible anticompetitive nature of its deal with book publishers
over «
agency model»
pricing have turned into an all - out roar, with the news that the Department of Justice has warned the various parties about an impending antitrust lawsuit.
One key sacrifice was letting publishers move
over to a so - called «
agency model,» which let the publishers set e-book
prices, rather than giving Amazon that power.
In fact, the kind of
price control that the publishers have tried to assert
over retailers through the
agency model actually used to be flat - out illegal in the U.S. until relatively recently.
A February 10, 2010 presentation by one Publisher Defendant applauded this result (emphasis in original): «The Apple
agency model deal means that we will have to shift to an
agency model with Amazon which [will] strengthen our control
over pricing.»
The return to
Agency Pricing allowed the B5 to
over price their ebooks and lose market share relative to everyone else.
Further, publishing houses are using mechanisms such as the
agency model to retain control
over pricing and to prevent e-retailers from having a dominant position in the value chain.
Amazon.com and Macmillan had their very public negotiations
over e-book
pricing (which saw Amazon suspend sales of Macmillan titles for a time), and Hachette also announced that they, like Macmillan, would base
pricing of e-books on an
agency model.
It is the first shot across the purchasing bow in big publishers» efforts to reset ebook
pricing above the loss - leader $ 9.99
price point and retake control
over that
pricing by moving from the wholesale selling model to an
agency selling model (first reported exclusively in Lunch Deluxe on January 19), at least for ebooks published simultaneously with new hardcover releases.
I can see why Apple is jaded with the platform, they colluded with publishers to implement
agency pricing and had to pay
over a hundred million to appease the Justice Department and give that money back to the customers that paid for ebooks.
I really haven't seen a benefit to either platform
over the other, all of the stores have switched to
agency pricing so it is almost irrelevant between B&N and Amazon from a
price and availability perspective in ebooks.
Perhaps this is because publishers now have more control
over pricing after the reintroduction of
agency pricing through online retailers like Amazon.
So the lay of the land has shifted dramatically post the DOJ bringing the suit against the Big 6
over their
Agency model
pricing.
Fortunately, I am not in these fights alone: competition between distribution channels will tend to drive
prices and
agency fees down
over time.
What that means is that, by the time this is
over, we might again see a variation of
agency pricing — remember, DoJ didn't say it was inherently bad.
That difference is especially important because the Big Five are the same five publishers which negotiated
agency contracts last fall and spring, giving themselves more control
over their ebook
prices.
I'd be prepared to wager that consumers are more than happy to choose an e-book
over a more expensive hardcover, but I question whether that preference holds up when the
price point is the same for either format, as with
agency -
priced * paperbacks.
If one publisher insisted on the
agency model, selling Stephen King's books for $ 9.99, they would make more money per sale, but lose more
over the long run because another publisher would offer their books under the usual terms, letting the retailer set the
price.
While this shift in emphasis has been very profitable for Amazon and appears to have been accepted by enough Kindle customers to allow ebooks
priced over $ 9.99 to claim 30 % of the rungs on the bestseller list, 30 % may not be a high enough share to call this a victory for the
agency model.
These two lists would indicate a colossal success for the
Agency Model — Editors are picking 56 books
priced over $ 10 as their favorites for the year and readers are picking 47.