Agency Model vs. Traditional Pricing: EBook Price-Fixers Fixin’ to Settle?

This just in: Apple and five major “price-fixing” publishing houses are fixin’ to settle with the US Justice Department after conspiring to control prices with their “agency model” vs. the standard and traditional way of retail pricing? Maybe. It looks like three of the big five publishers will.

What does this mean for the consumer–the eBook reading public? Maybe a check in the mail for all the over-priced eBooks they bought in the past, and much more reasonable pricing on big name, traditionally published authors’ eBooks in the future.

What does it mean to the “indie” authors who’ve found this time in publishing history to be a welcome boon to their publishing dreams? Perhaps stiffer competition with the brand name authors’ books? Maybe?

What do you think? Give us your dime’s worth–please comment!

But check out in this online Wall Street Journal article, first: http://online.wsj.com/article/SB10001424052702304444604577337573054615152.html