so to sum up.
a standard ebook licence says this copy is allowed to be read on one device , registered to one account. Most vendors will
generously issue multiple such licences for multiple devices all registered to the same account

DRM is used to enforce that.
deleting the licence page within the book, and/or removing the DRM does not change the licence conditions. [ and for the paranoid, amazon still knows who they licenced it to ...}
just like you cant un-copyright a paper book by tearing out the copyright page....
and "buying" something, does not give carte blanche, as one unfortunate school in the news recently found out. They purchased a standard retail Lion King DVD to show at some school fundraiser event. Someone shopped them to Disney who demanded , and got a large chunk of the funds raised.
https://edition.cnn.com/2020/02/04/u...rnd/index.html
Emerson Elementary School received an email from a licensing company Thursday -- more than two months after the event -- saying they had to pay $250 for illegally screening the movie.
"One of the dads bought the movie at Best Buy," PTA president David Rose told CNN. "He owned it. We literally had no idea we were breaking any rules.
& no idea how much it costs to feed those cartoon lions
so don't read those e-books out loud to a crowd, folks... big brother may be listening.