As Amazon and book publisher Hachette continue their disagreement over e-book pricing, Amazon has spoken out to defend its position. The company asserted that its ultimate goal in the negotiation is to secure lower e-book prices for its customers. Citing its own data, Amazon asserted that pricing books at $9.99 would actually bring in more revenue that $14.99, benefitting all parties, including the customer, author, publisher and, of course, Amazon. E-books should have lower prices, according to the firm, because they cost less to produce, don’t have overstock and loss, and can’t be resold. Amazon_also shared a proposal_that publishers share...
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