Thread: Library E-Book Lending Poses Rising Problem for Publishing Industry
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Old 07-29-2019, 10:59 PM   #62
darryl
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Quote:
Originally Posted by leebase View Post
Raise the price? It was Amazon that artificially lowered the price below wholesale. All book sellers put books on sale to bring in traffic. Amazon put the entire NYT's best seller list on permanent below wholesale sale. It was SUCH a deal that it was worth paying $400 for the Kindle reading devices.

The publishers SHOULD have launched a lawsuit. As such, Amazon's actions have merely gone without judgement.
Perhaps Amazon did not artificially lower the price. Perhaps the price was artificially high since it was artificially set high by an oligopoly in the absence of competition.
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