• 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

  • Consider ...

    A year-end

    donation to

    your library.

  • Movie deadline

    Make a movie;

    enter our fest;

    and maybe win

  • Roll 'em up

    Learn to cook

    egg rolls,

    coconut soup:

    6 p.m. Jan. 5

  • 1
  • 2
  • 3
  • 4
  • 5

Search the Catalog

Librarian Blog

  • No surprise

    This week's report about the closing and opening of magazines during 2014 contained no surprises...

  • Tops in Boston -- why?

    Just for a little while I was scratching my head over the list of the top 10 most-borrowed titles...

This Christmas season, I plan to:
  • Votes: (0%)
  • 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