Wednesday, February 10, 2010

Publishers Fight to Raise E-Book Prices

After Apple's iPad was unveiled, Amazon.com was given an ultimatum by Macmillan Publishers to raise the prices on their electronic books or to wait six months after Macmillan had made new titles available to other outlets such as the iPad.

I assume that Macmillan has a contract with Amazon.com regarding the prices on their electronic books. Is it really fair or good business to strong arm someone because they didn't plan for new technologies?

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