Print Publishing’s Suicidal Price-Fixing

I got an exciting email from Kobo Books today:

30% off! That’s so great. But before I skitter off to check this out, my eye checks out the inevitable Fine Print, which reveals this:

Click = big

Those five are the five publishers who agreed to the Agency Model of pricing — in order words, the formation of a trust under the guise of mutual-survival but with the end result of restraint of trade, price-fixing, and screw the readers.

No sale for me.