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This is not a PHYSICAL PAPER copy of a book, it is electronic/digital code. A library buys access to the ebook and lends it out. They do not buy access to 5 ebooks, they buy access to computer code that is transferred with a limited timeframe of usage to an electronic device. Doesn't matter if it is 2 people or 200 people at a time, it is code, not paper.
It is not a matter of a limitation of copies because there is no physical media, it is all 1s and 0s. As a long time computer tech, I know how technology works, and a limitation like this has to be the dumbest thing anyone could think of.
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