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Price Fixing

By Scott Esposito on October 30, 2009 | Comments (1) | Permalink

The IFOA is a fairly international festival with a lot of Europeans passing through, so I've been hearing a lot about this lately:

In much of Europe, the discount-pricing battle that has erupted among Wal-Mart Inc., Amazon.com Inc. and Target Corp. could never happen because most major publishing markets, with the exception of the U.K., are bolstered by laws requiring all bookstores, online retailers included, to sell books at prices set in stone by their publishers.

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