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In a New Yorker blog post this week, James Surowiecki questioned the American Booksellers Association's "dubious" claims about "illegal predatory pricing" by Wal-Mart (WMT) in its Book Price War with Amazon.com (AMZN). Full Article at mediabistro.com
Related Articles
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You can use pretty much anything as a weapon in a war, but that usually means bullets and bombs rather than books. Full Article at Times Online
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From the American Booksellers Association letter to the Antitrust Division of the U.S. Deptartment of Justice: We ask that the Department of Justice investigate practices by Amazon.com, Wal-Mart, and Target that we believe constitute illegal predatory... Full Article at Carpe Diem
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Is Wal-Mart beneficial for America? Many Americans say no, Wal-Mart is not good for America. However, many more say that the low prices Wal-Mart delivers are convenient for so many Americans. Full Article at Associated Content
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I have to admit, when a firm represents almost 10% of all retail in the US, there is going to be a major spot light on every move the firm makes. Frankly, I need to take the Vito Corleone approach when following Wal-Mart Stores Inc. Full Article at iStockAnalyst
Related Quotes
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Truthfully it doesn’t affect me — in the short term ... But it’s a disaster in the long term.
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The objective of Wal-Mart and Target are to turn these books into loss leaders and hope that you fill up your shopping carts with socks, underwear, children's toys, sweatshirts
SOURCE: CBS News -
The Dan Brown book is $30. It probably cost me about $18 ... No way I could sell it for $9.
SOURCE: CBS News -
If the consumer starts to perceive that the value of a book is that much lower than the price at we believe it needs to be sold to support all the actors in the publishing industry, beginning with the author, then we're going to have difficulty
SOURCE: CBS News
