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Old 02-06-2010, 01:04 PM   #298
guyanonymous
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Join Date: Dec 2007
Device: Ebookwise 1150 / 1200
Quote:
Originally Posted by HarryT View Post
Are you suggesting that it's a bad thing?
I suggest that almost any monopoly is a bad thing in the long run. A lack of competition removes an incentive for true innovation. It removes any need for a manufacturer/retailer/etc to lower price. It takes away choice from the consumer.

And when a select few "compete" against each other while having luncheons to make sure they're on the same page, agree to price points through a third party (Apple), and in the past have magically all set their pricing to the same point within days of each other (paperback book prices)...it's effectively a monopoly.
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