Amazon "caves"

Geek

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From the amazon web site:

....ultimately, however, we will have to capitulate and accept Macmillan's terms because Macmillan has a monopoly over their own titles, and we will want to offer them to you even at prices we believe are needlessly high for e-books. Amazon customers will at that point decide for themselves whether they believe it's reasonable to pay $14.99 for a bestselling e-book.....​
(Source. Hat tip)

For some back ground and discussion, see this earlier post and links among the comments that describe the situation.



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