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As the article points out, if the average lending period is 2 weeks, it would take a year for a book to reach its expiration.
If I want to read a book bad enough to buy it, I wouldn't wait a year. At which point, the book could probably be purchased on the used market for short change anyway.
So rather than gaining sales through this restriction, they are not only hurting the libraries but also losing a venue for their authors to gain new readers.
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