Kindle Allows Publishers to Decide E-Book Prices

E-reader will stop discounting books from Simon & Schuster and HarperCollins

With Apple's highly publicized iPad launching on April 3, the e-book market is quickly adjusting. Amazon.com, maker of the competing Kindle, has agreed with two major book publishers to drop discounting of popular titles, and Sony said Tuesday that it will similarly take its lead on pricing from publishers.

Amazon's deal, with Simon & Schuster and HarperCollins, lines up with reports last week that Apple will offer comparable pricing on the iPad. For Amazon, some best sellers will be listed at $9.99, with most priced in the range of $12.99 to $14.99.

Read more at Newsfactor.