Quote:
Originally Posted by hrosvit
One of the big arguements has always been, "Well, Amazon will drive all of the little bookstores out of business, and then they will have no competition, and can raise their prices as high as they want". I haven't seen this, and don't see it coming. If it does, I will apologize for my part in the destruction of local B&Ms.
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That is precisely what's happened in the UK since the abolition of the Net Book Agreement in 1997. Virtually all the independent bookshops have been driven out of business by the giant of the British book industry, Waterstones.