Sheesh, what's happening to me, I'm writing industry news two days in a row? Well this interests me because of the German idea that books' prices can't be undercut. That messes up the whole idea of the price war that I mentioned a few posts back, which isn't a bad thing for writers who actually would like to have a bit of change in their pocket for their efforts.
There are pros and cons about price fixing. One one hand, there is the 'what the market will bear' and on the other hand, there is the idea of the need to make money to stay in business.
I'm not taking sides in this, but it is interesting as Amazon's Kindle goes world wide. The other e-readers are sure to follow.
Read about it here: http://publishingperspectives.com/?p=7852