Quote:
Originally Posted by Zanshin
I don't see how Amazon could have a monopoly. They are not the only e-book sellers. Other major online stores are probably going to start doing the same thing (if they see that it works for Amazon).
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No other ebookstore has the fiscal resources of Amazon. If Amazon had to compete just bookstore to bookstore, a company like Barnes & Noble might have a competitive chance. But with the ability to use the revenue generated by, for example, selling TVs in pursuit of book deals, Amazon can afford slimmer margins and to invest significantly more capital in trying to monopolize the book indistry.
The publishers do have a counter if they only had the gumption to do it: All they have to do is refuse to allow any ebookseller to sell any of the publisher's ebooks in any format other than ePub with specific Adobe DRM. Doing this would mean that readers could safely buy from any ebookseller and be able to read on on any device. Just like buying a DVD. That would take the wind out of Amazon's sails.