Oh dear. This case is just that, this case. The wider issues should be considered. However, the legal actions of those within this case is what is currently pursued. The hypothetical endpoint of the wider industry is not.
Unless you believe that DoJ should ignore what they see as illegal actions, but to rather focus on forecast potential actions of a corporate.
The question is about illegal actions. Is it necessarily illegal for prices to rise if the computation of that rise is solely based upon a single retailer selling items at al loss?
That's one of my primary problems with the case, DoJ thinks that it is illegal mainly because of comparison to temporary pricing which on it's own is legally in a gray area. Take away Amazon's below cost sales and the agency model and wholesale model generate approximately the same prices. How long was Amazon willing to lose money on every e-book sale before prices reverted to non-loss levels? And we get to subsidize a lawsuit over that?
Oh dear. This case is just that, this case. The wider issues should be considered. However, the legal actions of those within this case is what is currently pursued. The hypothetical endpoint of the wider industry is not.
Unless you believe that DoJ should ignore what they see as illegal actions, but to rather focus on forecast potential actions of a corporate.
So, your position is that the DoJ should pursue antitrust cases in a vacuum, with blinders on? OK, well, that's a point of view, not a very well thought out one, not a very informed one, not a very sensible one, but a very simple view to be sure. Unfortunately, the simple view is almost always the wrong one, the world not being a simple place.
There's nothing hypothetical about the current state of the publishing industry on the retail or publisher's side and there's nothing hypothetical in stating that Amazon has played a major role in bringing about the current sad state of affairs. Amazon has disproportionate and unhealthy power in the industry. The agency model helps restore equilibrium. Propping up Amazon in their quest to dominate will simply push the industry over the edge.
Comments
Oh dear. This case is just that, this case. The wider issues should be considered. However, the legal actions of those within this case is what is currently pursued. The hypothetical endpoint of the wider industry is not.
Unless you believe that DoJ should ignore what they see as illegal actions, but to rather focus on forecast potential actions of a corporate.
The question is about illegal actions. Is it necessarily illegal for prices to rise if the computation of that rise is solely based upon a single retailer selling items at al loss?
That's one of my primary problems with the case, DoJ thinks that it is illegal mainly because of comparison to temporary pricing which on it's own is legally in a gray area. Take away Amazon's below cost sales and the agency model and wholesale model generate approximately the same prices. How long was Amazon willing to lose money on every e-book sale before prices reverted to non-loss levels? And we get to subsidize a lawsuit over that?
Oh dear. This case is just that, this case. The wider issues should be considered. However, the legal actions of those within this case is what is currently pursued. The hypothetical endpoint of the wider industry is not.
Unless you believe that DoJ should ignore what they see as illegal actions, but to rather focus on forecast potential actions of a corporate.
So, your position is that the DoJ should pursue antitrust cases in a vacuum, with blinders on? OK, well, that's a point of view, not a very well thought out one, not a very informed one, not a very sensible one, but a very simple view to be sure. Unfortunately, the simple view is almost always the wrong one, the world not being a simple place.
There's nothing hypothetical about the current state of the publishing industry on the retail or publisher's side and there's nothing hypothetical in stating that Amazon has played a major role in bringing about the current sad state of affairs. Amazon has disproportionate and unhealthy power in the industry. The agency model helps restore equilibrium. Propping up Amazon in their quest to dominate will simply push the industry over the edge.