Net Book Agreement

noun

1. a former agreement between UK publishers and booksellers that until 1995 prohibited booksellers from undercutting the price of books sold in bookshops NBA

Example Sentences

Imagine if the Net Book Agreement had still been in force.

From The Guardian

Specifically, he blames the scrapping of the net book agreement, back in the 1990s.

From The Guardian

Since the abolition of the Net Book Agreement in the 1980s, all the money in publishing has been funnelled into pipes that have a wider and a shorter bore; nowadays one big, thick pipeline carrying half the revenue from British retail book sales disappears deep into Jeff Bezos's pockets.

From The Guardian

She compares the onrush of digital technology to the abolition of the net book agreement, which resulted in massive discounting of popular titles by supermarkets and a decline in writers' royalties.

From The Guardian

The agency model is, in effect, a return to the net book agreement in electronic form.

From The Guardian