Agency Pricing Lawsuit: a detailed response

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As most of you know, the U.S. Department of Justice instituted a lawsuit against five of the Big Six publishers and Apple, accusing them of price-fixing/colluding when they chose to set up an agency price model to sell ebooks. Three of the publishers agreed to settle.

Here is a very detailed response to the settlement from one literary agent, which also contains some very interesting statistics about ebook pricing. Long, but worth a look.