Mass resignations from Elsevier journal over ‘unethical’ price hike | Times Higher Education (THE)

"The editorial board of a leading Elsevier neuroscience journal have resigned after the publisher hiked its open-access fees to $3,450 (£2,776). In an open letter published on 17 April, more than 40 editors of NeuroImage and its companion journal NeuroImage: Reports announced that they had quit over the “high publication fee” charged by the open-access title and would be starting a new non-profit journal, Imaging Neuroscience.... Chris Chambers, professor of cognitive neuroscience at Cardiff University and one of the editors to resign, said the latest APC increase was “pure greed on Elsevier’s part and was the straw that broke the camel’s back”....“The plain fact is that we don’t need Elsevier – it is a parasitic company that takes the products of science for nothing and then charges the public, and scientists, to buy back access to them,” he added...."