Quote:
Originally Posted by JSWolf
That's because Apple and the price fix 5 drove a number of eBook shops out of business such as Fictionwise and BooksOnBoard. They could no longer maintain their business models since they were no longer able to discount eBooks.
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Amazon killed them.
Fictionwise and the like were no real competition to Amazon in the first place. If you think anybody was going to undercut Amazon on pricing over time, you are dreaming.
Amazon uses predatory pricing...selling the best selling books at a loss as incentive to sell their kindles. No business is going to willingly allow another business to turn their money making products into full time loss leaders, devaluing their products.
<beats dead horse>