Price War

Amazon is in conflict with the Hachette Group, Britain’s largest publisher, over terms and discounts and is refusing to sell its titles,” reports the Times Online. Amazon usually buys books at half the cover price, but it is pushing for more, apparently at the expense of author royalties.

Another Times reporter comments, “If [the price war] continued, it would not be long before Amazon got virtually all of the revenue that is presently shared between author, publisher, retailer, printer and other parties.”

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