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Teddy Ruxpin 
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:53 am to SlowFlowPro)
Slow, did you take anti-trust in law school? I did, and it is the dumbest body of law you'll ever experience. Plenty of.examples throughout the 20th century where companies driving down cost got hit by the feds. Things start getting more sane later in the century when the conservative justice movement states the obvious on how retarded some of the regs were.
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SlowFlowPro 
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:54 am to SG_Geaux)
quote:
If everyone is forced to sell at the same prices then people have no choice but to pay those prices if they want to read the books.
but were these publishers exclusive to apple?
and even if they're not, eventually people will say "well this book is $10 on apple and this other book is $1 on amazon" and they'll start reading the books available on amazon. eventually 1-5 of those "big 5" will blink
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SlowFlowPro
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:54 am to Teddy Ruxpin)
quote:
Slow, did you take anti-trust in law school? I did, and it is the dumbest body of law you'll ever experience. Plenty of.examples throughout the 20th century where companies driving down cost got hit by the feds. Things start getting more sane later in the century when the conservative justice movement states the obvious on how retarded some of the regs were.
naw i avoided the heartache of IP and antitrust
i did take 4 tax classes, though 
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slackhouse 
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:55 am to SlowFlowPro)
quote:
if they don't react to the market, they won't sell shite (b/c their price will be too high).
not if every ebook publisher and retailers sells the books for the same price.
quote:
if the retailers can't move the books, then they will get out of the deal b/c they won't sell shite and get their 70%
not if every ebook publisher and retailers sells the books for the same price.
in a true free market system, the retailers would lower their prices to sell the ebooks. They cannot due this currently. in a true free market system, the authors would move to a different publisher who would lower the price and sell the books, therefore making the author a profit. This does not work currently, because all publishers have agreed on price fixing.
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dyslexiateechur
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:55 am to SlowFlowPro)
I still don't really see a problem. If we're talking gas or milk that's one thing, but e-books?
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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:55 am to SlowFlowPro)
Collusion also requires all the companies to remain in agreement. Hard to do when the first one to break ranks can clean up. Its a lot harder to keep the conspiracy going then most realize.
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SG_Geaux
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:56 am to SlowFlowPro)
quote:
but were these publishers exclusive to apple?
and even if they're not, eventually people will say "well this book is $10 on apple and this other book is $1 on amazon" and they'll start reading the books available on amazon. eventually 1-5 of those "big 5" will blink
No. Those 5 publishers will not allow Amazon to sell at $1. Amazon has to sell at $10 just like Apple or the publishers won't let them sell.
This post was edited on 4/11 at 9:57 am
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Teddy Ruxpin
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New Orleans, LA
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:56 am to SlowFlowPro)
Screw tax. I did pass/fail on income tax and Gchatted my way through. I couldn't handle four of those.
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SlowFlowPro
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:57 am to slackhouse)
quote:
not if every ebook publisher and retailers sells the books for the same price.
the "big 5" aren't every publisher
and frick, with e-books and the vastly lower overhead, the big 5's days are numbered. they're going to be fricking AOL in a decade if they don't create a lot of consumer good will. if they want to hold their ground in the face of a firing squad instead of adapt, it's their choice
quote:
in a true free market system, the retailers would lower their prices to sell the ebooks. They cannot due this currently.
sure they can. nobody is forcing them to contract with the publishers. both parties are taking risks
quote:
This does not work currently, because all publishers have agreed on price fixing.
every publisher?
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slackhouse
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:57 am to SlowFlowPro)
quote:
and even if they're not, eventually people will say "well this book is $10 on apple and this other book is $1 on amazon" and they'll start reading the books available on amazon. eventually 1-5 of those "big 5" will blink
except that Amazon is not allowed to sell the books for $1. They are being forced by the publishers to sell the books for the same amount or higher than everyone else.
Again, this wouldn't be an issue if all of the publishers had not agreed on this together. And, it wouldn't be Apple's problem if they weren't the ones spearheading this campaign.
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SlowFlowPro
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:58 am to SG_Geaux)
quote:
Amazon has to sell at $10 just like Apple or the publishers won't let them sell.
like i said
people will eventually move to the $1 books and cut into the "big 5"
new publishers and writers will emerge and embrace the new distribution of e-books and the "big 5" will die
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SlowFlowPro
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 9:59 am to Teddy Ruxpin)
quote:
I couldn't handle four of those.
tax 1 was ok and interesting. just voluminous
tax 2 was fun. cap gains is interesting from a policy perspective
international tax sucked royal dick. people cried coming out of that final
tax policy (paper class) was fun
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coloradoBengal
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 10:00 am to SG_Geaux)
quote:
No. Those 5 publishers will not allow Amazon to sell at $1. Amazon has to sell at $10 just like Apple or the publishers won't let them sell.
My first question is... is the book worth $10 or isn't it?
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slackhouse
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 10:00 am to SlowFlowPro)
quote:
every publisher?
no, but the main ones. you know, the ones that have deals with the major publishers that allow authors books to get in consumers hands more easily.
why don't you write a book and try to sell it outside of the main 5. It'd be like me creating a cell phone and trying to sell it without the help of AT&T, Verizon, Sprint, etc. There are other companies out there, but you have virtually no chance of making money if the bigs don't pick you up.
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SG_Geaux
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 10:01 am to SlowFlowPro)
quote:
the "big 5" aren't every publisher
I know you are smarter than this. You are arguing just to argue now.
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SlowFlowPro
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 10:01 am to slackhouse)
quote:
except that Amazon is not allowed to sell the books for $1.
i'm not talking about the same book. i wasn't clear
Selection A are $10 each
Selection B are $1 each
people are going to move to section B over time, eroding what market share Section A has
quote:
Again, this wouldn't be an issue if all of the publishers had not agreed on this together.
i see this as a death pact and i don't care if companies commit mass suicide
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SG_Geaux
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 10:02 am to SlowFlowPro)
quote:
Selection A are $10 each
Selection B are $1 each
people are going to move to section B over time, eroding what market share Section A has
Not if selection A is Harry Potter and selection B is Oil Changes For Dummies.
This post was edited on 4/11 at 10:03 am
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SlowFlowPro
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 10:03 am to slackhouse)
quote:
the ones that have deals with the major publishers that allow authors books to get in consumers hands more easily.
cheaper books (and a bigger cut to author) seems like the way to get books in consumers' hands more easily
that's also the system the consumer will choose
quote:
why don't you write a book and try to sell it outside of the main 5. It'd be like me creating a cell phone and trying to sell it without the help of AT&T,
i wouldn't ever try to write a PAPERBACK book without a big publisher. this is an outdated model, however
there are plenty of people who make money selling books without publishers thanks to technology. the big 5 alienating the consumer base is going to speed up eliminating publishing houses as the middle men, so i don't mind their self-infliction of pain
quote:
but you have virtually no chance of making money if the bigs don't pick you up.
not true. there is a growing market of authors who distribute via electronic means only who make a good bit of money
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SlowFlowPro
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 10:05 am to SG_Geaux)
quote:
Not if selection A is Harry Potter
at first, sure
but JK Rowling would have made a lot more money selling HP books electronically without a publisher
the "big 5" fighting this is just going to speed up the new model of this industry. sure they will dominate at first, but they ALREADY dominate. enacting policies like this will just ensure a faster death
that's the free market at work
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slackhouse
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| re: Justice Department charges Apple, big five publishers for e-book price fixing. (Posted on 4/11/12 at 10:05 am to SlowFlowPro)
quote:
people are going to move to section B over time, eroding what market share Section A has
you are just being unrealistic. it isn't going to happen. that's like saying that eventually SLU will start getting all of the LSU fans for football games because more people can afford it. and, eventually, LSU will be committing suicide because they charge way more than SLU for games.
If the publishing companies decided to increase prices on their own and switch to this model, it wouldn't be as big of a deal. i.e., if one changed to this model, started making more revenue for everyone involved and the other 4 decided to do the same thing. Then, the market has worked because people were willing to pay more when giving the choice.
But, when the 5 get together in a secret meeting (led by Apple) and decide to all change to this model together in order to completely screw two competing companies to Apple, it is illegal and wrong.
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