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BOb's point about the publishers dropping Amazon's license to sell certain ebooks exclusively on Google so that they can get higher prices is what worries me. Instead of competition resulting in lower prices it may result in higher prices and have a really adverse effect on the ebook market.
I also found the line about the books being available to read online or offline *via cache* disheartening as well. I hope that Google plans to allow purchasers of ebooks to store those books on their ereading device.
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