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I can't see how ebooks could possibly cost only a small amount less than a paper book to produce and distribute. The costs of creating a physical copy would definitely be far higher than that of the ebook.
Ebooks should basically be seen as an added revenue stream. All the expensive work (editing etc.) would be done in the process of creating an actual print book. The ebook uses the digital version of that final manuscript and the cost related to distributing it digitally would have to be negligible.
I think the people to target with complaints are the authors themselves. In the end they stand to gain the most from having an effective distribution channel for their ebooks. They should have the right to decide how that distribution is done, and hopefully most of them will be more than happy to distribute their works to a global audience unlike the idiotic geo-restrictions the publisher slap on ebooks.
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