Kobo recently filed in opposition to the agency pricing publisher settlements in Canada, objecting to the rapid 40-day timeframe in which they need to renegotiate major publisher contracts, but also arguing that the newly-imposed terms will make them “suffer significant unrecoverable losses” if “Kobo accepts the amendments and shifts its operations to an Agency Lite model.” They write that “a ban on Agency, even in the short term, will have a lasting and irreversible negative impact on the market for E-books in Canada.” More broadly, Kobo argues the arrival of agency in Canada was different than in the US and not the result of […]
