In recent years, Amazon, Walmart, Target, and others have been dramatically discounting some bestselling books; sometimes selling
Question:
a. Why would Europeans accept antidiscounting laws that keep new book prices high?
b. How would you expect the antidiscounting laws to affect the prices of used books?
c. Germany, with a population of about 82 million, has about 7,000 bookstores while the United States, with a population of over 310 million, has about 11,000 bookstores. Is America’s literary culture threatened by allowing giant retailers to aggressively discount? Explain.
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a Among other reasons the Germans for example believe that their policy ge...View the full answer
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