Quote:
Originally Posted by charmian
fjtorres: It would be a very good thing for consumers if Overstock did aggressively challenge Amazon on prices in ebooks. (If they succeed at it though, I wonder how the publishers would react)
Overstock buying Nook would be interesting, especially if they did then ally with Kobo.
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It is a two edged sword I think.
Products becoming cheaper because of manufacturing improvements or more sales allowing the seller to cut their profits are good for consumers, except for those who lose their jobs due to manufacturing improvements.
Price wars I am not so sure of as being beneficial. The two giants clash, and will probably level off, but the little guys who really can't afford to slash their profit margins and eat are caught in the undertow. Dragged down and out of business. Then there are more people out of work, and sometimes a downturn of the economy in general. All this to save a dollar or two on a book.
Helen