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Technology Stocks : Apple Inc.
AAPL 277.96-0.3%3:59 PM EST

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To: Cogito who wrote (130706)4/11/2012 3:11:14 PM
From: iggyl  Read Replies (1) of 213173
 
I didn't know that the agency model was illegal. I know I've bought things where the manufacturer set the price and if a store was licensed to sell they could not discount the price of the item. First pair of premium skis I ever bought was at a store that wasn't authorized to sell them, had gotten a shipment from another store that had surplus stock and the serial number had been scratched off so the authorized store couldn't be identified and thereby lose their franchise license.

In terms of collusion of the five booksellers all going to agency model, it seems like they were smart enough businessman to figure out that status quo wasn't working and Amazon was throwing them under the bus.
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