Net Book Agreement


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Net Book Agreement

n
(Journalism & Publishing) a former agreement between UK publishers and booksellers that until 1995 prohibited booksellers from undercutting the price of books sold in bookshops. Abbreviation: NBA
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References in periodicals archive ?
THE Net Book Agreement, which stopped cut-price selling, collapsed two years ago.
Hodder Headline's sales climbed to about pounds 26 million in the Christmas run-up after the Net Book Agreement collapsed.
In 1997, the collapse of the net book agreement - which fixed the price at which retailers sold titles - ushered in an era of intense price competition in the market.
Many also argued that the same anti-competitive arguments were put forward in relation to the scrapping of the Net Book Agreement in 1995.