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Old 12-30-2010, 04:37 PM   #12
eppythacher
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Quote:
Originally Posted by HarryT View Post
This is a very silly discussion. Amazon are a private corporation; they are perfectly at liberty to choose to sell or not to sell any product they want, and certainly don't have to justify their decisions to anybody. Nobody has a "right" to have their book sold by Amazon.
Amazon is not a private company, they are sold on the NYSE. Amazon.com Inc. (AMZN) $182.75 per share. They have a fiduciary responsibility to their stock holders to raise or maintain the price of the stock.

The fiduciary owes an obligation to carry out the responsibilities with the utmost degree of "good faith, honesty, integrity, loyalty and undivided service of the beneficiaries interest."

You can argue that not selling (for no good reason) books makes them less money. If Amazon acts in a heavy handed manner alienating authors and readers, it creates an opening for Google etc to gain market share. That's not in the best interests of the stock holders in my opinion. If you won't sell something, and your competitor does, you have a responsibility to your share holders to sell that product (regardless of your dislike for books about or for blacks, jews, gays, etc).

Google losing money by pulling out of China is different because of China's spying on Google's code etc.

Last edited by eppythacher; 12-30-2010 at 04:47 PM.
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