For our members -- locally owned, independent bookstores -- the effect will be devastating. There is simply no way for ABA members to compete. The net result will be the closing of many independent bookstores, and a concentration of power in the book industry in very few hands.
... That they are taking place in the market for books is catastrophic. If left unchecked, these predatory pricing policies will devastate not only the book industry, but our collective ability to maintain a society where the widest range of ideas are always made available to the public, and will allow the few remaining mega booksellers to raise prices to consumers unchecked.
ABA Asks Department of Justice to Investigate Bestseller Price Wars
ReplyDeletePosted Thursday, Oct 22, 2009
http://news.bookweb.org/news/aba-asks-department-justice-investigate-bestseller-price-wars