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Old 05-16-2012, 12:48 PM   #13
HarryT
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Quote:
Originally Posted by mr ploppy View Post
Unpopular from a consumer point of view, but he's actually right. Without a fixed price, competition will decrease. History shows us that.
Precisely. Many European countries have fixed pricing for books on the grounds that, while it may perhaps be better for the individual consumer to have unrestricted competition, it makes society as a whole a lot poorer. Every shopping street in Britain used to have its independent bookseller; today we just have Waterstones. Does being able to buy the latest trashy bestseller half price in a supermarket make up for the loss of the small book shop? I'm not so sure it does.
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