Thread: Amazon destroys the book industry again
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Old 04-07-2012, 07:27 AM   #27
rhadin
Literacy = Understanding
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Quote:
Originally Posted by Andrew H. View Post
Walmart drove out many businesses and didn't jack up its prices. Big box stores (Borders, B&N, Toys "R" Us, Best Buy, etc.) drove out the competition and didn't jack up the prices. Amazon is no different.
Prices weren't jacked up because there was still a lot of competition. For example, Walmart competes against Amazon, Target, and Costco, to name 3 competitors. But if Barnes & Noble goes out of the book business like Borders, Amazon will have no national competitor.
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