Books-A-Million Adds Voice in Opposing DoJ Deal – Publisher’s Weekly – Jim Milliot
Books-A-Million has joined the growing number of parties objecting to the Department of Justice’s agreement with Simon & Schuster, Hachette and HarperCollins to settle the department’s e-book price fixing lawsuit. BAM’s letter, signed by president and CEO Terry Finley, strikes especially hard at the provisions in the settlement that would impose restrictions on how the publishers can do business with all third parties (including BAM) that were not involved in the lawsuit.
The agency model is a good thing. The bad thing is having everything at the same price. It’s terrible for competition purposes and for consumers: how are we going to find the best prices if we cannot search for them?