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Amazon Caves to Macmillan

Retailer agrees to raise prices for Kindle ebooks

By Nick McMaster,  Newser Staff

Posted Feb 1, 2010 12:30 AM CST

(Newser) – Amazon capitulated to Macmillan today and will allow the publisher to set prices for ebooks available for the Kindle reader. Amazon has sold new releases and bestsellers for a flat rate of $9.99, which Macmillan considered too low. The tussle over pricing prompted the...   Read full story »

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