Hachette UK and Amazon resolve dispute

Hachette UK and Amazon UK have resolved a 12-month dispute that has seen the 'buy in now' button removed from many Hachette titles. The stand-off began when Hachette UK head Tim Hely Hutchinson--concerned at Amazon's discount demands and at the impact of its price-cutting on the terrerstrial book trade--decided that enough was enough. As he explained at the outset: "We are concerned that more and more traditional booksellers are having to close their doors, with skilled individual booksellers losing their jobs, and this is due in part to Amazon's aggressively low pricing on prominent titles. Therefore, despite our limited role in respect of these changes in the retail landscape, we are determined not to provide Amazon with further ammunition with which it could damage booksellers who offer a personal service, browsing facilities and other valuable benefits to the reading public."

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