When Macmillan ceo John Sargent said in a letter Friday morning that discounting of their ebooks under the settlement with Department of Justice “will take effect quickly,” he really meant it. The court filing is more blunt on the matter: “Macmillan must allow its e-book retailers to discount within three business days of agreeing to the settlement, even if it has not formalized new contracts with retailers.” DOJ writes that “the proposed Macmillan Final Judgment does not give Macmillan a choice” in notifying and renegotiating with retailers–as the original settlement had done–“to provide for more prompt relief to consumers.” But it’s […]
