Quote:
Originally Posted by rhadin
Except Amazon would have all the books under contract so what would they be selling?
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The odds of Amazon being able to get exclusive rights to every single book worth publishing are zero. For every book published, there are hundreds, or thousands, that are rejected. Mostly for good reason, but it isn't hard to find stuff just as good as (or better than) stuff that makes it in to print.
At this point in time, it is entirely possible to start an ebook publishing business with literally nothing invested except time. For every little independent web site selling books that Amazon runs out of business, there will be a hundred more they never even hear about.
The bottom line is, once you have a monopoly, if you exploit it the way you intended to when you created it, you destroy the monopoly.