An eBook is a PDF file that is sold as an answer to a selected downside. An account is required to obtain books, annotate and use the bookshelf. And because ebooks are sometimes more expensive than Amazon’s closely discounted print books, conventional publishing’s ebook sales appear to have fallen off — and Amazon is more dominant than ever within the print book market. It is so much cheaper,” says Friedman.
But once Amazon owns the book, it has the best to set whatever value it would like for shoppers. The $20 listing price that Simon & Schuster set was just a suggestion. Below the wholesale mannequin, Amazon is free to decide to sell the book to readers for as little as a single dollar if it chooses to.
The phrase conspiracy” is vital right here. So far as publishers had been involved, they weren’t conspiring; they were simply buying the leverage they wanted to cope with an organization they considered an existential threat to their enterprise. They were stopping Amazon from forming a monopoly, and thus they have been selling a healthier economy for books and for the American book-buying public, too.