• Help with tech

    We can help

    with e-books,

    other issues:

    Sign up at desk

  • Read to the pup

    Chopper listens:

    3:30 p.m. every

    Monday

  • Get published!

    We're publishing

    Wimberley Voices:

    Ask us about it

  • Tech help is here

    Sign up for

    free help

    with your iPad

  • Can you spell?

    Sponsor a team

    in our Adult Bee:

    Ask us how

  • She's coming in April

    Fairy Godmother:

    Here at 3:30 p.m.

    on April 17!

  • Have a hero?

    Bring us a photo

    and we'll put on display

    on and after May 31.

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

Search the Catalog

Librarian Blog

  • Raining on Parade

    Poor Parade magazine is a mere shadow of its once proud self. I don't even look for it in my...

  • Wouldn't be happening

    If we didn't have volunteers, we'd be in deep trouble here at the library. Unlike some libraries across...

About Ukraine:
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
Total Votes:
First Vote:
Last Vote:
Text Size

The reason monopolies are bad for consumers has long been made by, well, monopolists themselves.

Let a company get exclusive or near-exclusive title to some part of the market, and that company will take advantage of its position to maximize profits.

If this were not true, government would never step in to foster competition.

Little wonder, then, that Amazon, the biggest bookseller of all time, is now profiting from its gargantuan position to raise the prices of its offerings to make more and more money.

To get to where it is now, Amazon kept prices artificially low, bringing in customers so it could grow its market share.

The pricing back then was predatory.

And so it is now with prices rising.

This all should come as a surprise to absolutely no one.

But, today's New York Times carries an article that has a tone of incredulity about Amazon's price-hiking.

Now it is time for government to step in and protect book-buyers from this modern Robber Baron.

Add comment


Security code
Refresh