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I am not sure why Amazon would become a monopoly: most people don't read ebooks on systems where they can only read books from one vendor. The most popular device for reading ebooks is a computer, followed IIRC by mobile devices like smartphones, PMPs, and tablets (iPad and Android). The price of e-ink readers is dropping, and thus, the price of switching between vendors is too.
If Amazon gets a monopoly and then raises prices on people, won't that open a place for competition? (I actually think what the publishers are worried about is what if Amazon doesn't ever raise the prices)
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