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These kind of maneuvers aren't an option for big pubs. As I mentioned above, Amazon would have a field day blaming the publishers for denying Amazon customers access to their books, and publishers would lose sales. It'd be an unmitigated disaster.
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While I agree with virtually everything you say, there is a kind of "akido move" publishers could pull. They could propose terms unacceptable to Amazon, have Amazon pull the BUY buttons, and place the blame squarely on Amazon. The precedent for this is Macmillan vs Amazon in February 2010. It does take a big pair of balls, but it can work.