An effective market for APCs? | Australian Open Access Support Group

"Worldwide, the recent increase in open access policies has led to funds supporting the costs of open access publishing in OA journals (or hybrid OA in a subscription journal). This trend towards paid gold open access has raised concerns over rising costs to research-intensive institutions paying multiple article processing charges. A recent report called Developing an Effective Market for Open Access Article Processing Charges aims to address some of these issues.  The Report, by Professor Bo-Christer Björk of the Hanken School of Economics, Finland, and Professor David Solomon of Michigan State University, USA, is intended for research funding organisations and policy makers. It aims to 'ensure a competitive and transparent market for scholarly journal article processing charges (APC)s'. The authors suggested three scenarios as a starting point for discussion on how funding agencies might influence the APC market to encourage transparency and competition ..."