Thread: Library E-Book Lending Poses Rising Problem for Publishing Industry
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Old 07-29-2019, 10:26 PM   #61
DuckieTigger
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Quote:
Originally Posted by leebase View Post
Raise the price? It was Amazon that artificially lowered the price below wholesale. All book sellers put books on sale to bring in traffic. Amazon put the entire NYT's best seller list on permanent below wholesale sale. It was SUCH a deal that it was worth paying $400 for the Kindle reading devices.

The publishers SHOULD have launched a lawsuit. As such, Amazon's actions have merely gone without judgement.
What reason to sue did they have, though? It is not illegal to have loss leaders. It is the insistence on DRM that got the publishers to allow Amazon to take advantage of this. Especially since Amazon's DRM is incompatible with everybody else.
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