This is not good news for authors or publishers, who never see a penny from the more efficient operation of the used book market. The more efficient the used book market, the less demand for new books.
Only solution = legislation along European lines. Fat chance!
Amazon.com–News Release
SEATTLE & VICTORIA, British Columbia–(BUSINESS WIRE)–Aug. 1, 2008–Amazon.com, Inc. (NASDAQ:AMZN), today announced that, subject to closing conditions, it has reached an agreement to acquire AbeBooks. AbeBooks is an online marketplace for books, with over 110 million primarily used, rare and out-of-print books listed for sale by thousands of independent booksellers from around the world.
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