Another look at Apple’s agency model for publishing

Chris Martucci’s Whatblag.com:

In other words, Apple’s agency model required all seven publishers to take away retail price control from other e-book retailers, effectively “stripping them of any ability to discount or otherwise price promote e-books out of the retailer’s own margins” (66).If that’s not price-fixing, I’m not sure what is.

Martucci is quick to discount Crovitz’s Wall Street Journal piece (posted on the Loop earlier today) as “disingenuous.”