The Logic Of The Amazon/Wal-Mart Book Wars
"Since wholesale book prices are traditionally around fifty per cent off the cover price, and these books are now marked down sixty per cent or more, Amazon and Wal-Mart are surely losing money every time they sell one of the discounted titles. The more they sell, the less they make. That doesn't sound like good business." The New Yorker 11/09/09

Posted November 2, 2009 07:20 AM