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So low, so fast: E-book prices drop following settlement

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(Read caption) HarperCollins titles like 'The Fallen Angel' and 'Solo' are now available at a discounted price of $9.99 following the e-book settlement.

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Think the publishing industry moves slowly?

Not anymore.

Just four days after a federal judge approved a settlement in the e-books price fixing case, HarperCollins is already selling its titles at discounted prices with a number of online retailers, including Amazon, Barnes & Noble, and BooksonBoard.

“HarperCollins has reached agreements with our e-retailers that are consistent with the final judgment,” HarperCollins spokeswoman Erin Crum said in a statement. “Dynamic pricing and experimentation will continue to be a priority for us as we move forward.”

According to Jane Litte, who first noticed the changes and blogged about it on the romance blog Dear Author, HarperCollins e-books have been discounted 10 percent to 20 percent. That means readers can get books like Daniel Silva’s “The Fallen Angel” and Hope Solo’s “Solo” for $9.99. Titles that are discounted are labeled "Sold by HarperCollins," booksellers newsletter Shelf Awareness points out, while titles still under the agency model are tagged “Price set by Penguin.”

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