Library subscriptions to Elsevier

"RLUK welcomes the publication of figures showing UK university spending on Elsevier big-deal journal packages.   Markets work best where there is pricing transparency and price non-disclosure clauses in contracts never work to the benefit of customers.  RLUK has long argued against such clauses in journal contracts and we are pleased that all major publishers, with the exception of Elsevier, have abandoned them. The figures released as a result of Tim Gowers’ Freedom of Information request show that the Russell Group pays at least £17 million annually for access to Elsevier’s journals collection.  There is a wide variety in prices across the Russell group members.  The lack of transparency means that it is not obvious why this variety exists or what factors the prices are based on.  However, it is understood that a significant part of the pricing is based on each institution’s level of spend on print journals from over a decade ago. We believe that there is no justification for continuing to base prices on an outmoded delivery mechanism. Prices should be more closely related to production costs, costs that in an online environment are falling.  However, rather than see falling prices, libraries have faced inflation-busting price rises over the past 20 years, while large commercial publishers post record profits. We look forward to combining these newly released subscription data with the data institutions are publishing showing open access Article Processing Charges (APC) to give a more complete picture of the total sums that UK HE is spending with major publishers such as Elsevier.  RLUK has previously issued a position paper outlining the expectation that publishers will rebate institutions based on their APC spend, in line with the Finch Report and BIS comments ..."