Nature Publishing Group rebuts University of California’s charge of price gouging

Physics Today : In a statement released two days ago, Nature Publishing Group rebutted the claim made by the University of California’s system-wide library that a 400% increase in the cost of NPG’s journals was unreasonable and exorbitant. While not disputing the size of the subscription increase, NPG argued that its apparent heft arose from a deep, unsustainable discount that the university system enjoyed and that NPG wants to abandon.