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View Diary: Another Reason I Like Barnes & Noble (28 comments)

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  •  Amen to that (9+ / 0-)

    This is an admirable act of philanthropy, but please keep in mind also that Barnes & Noble was sued by the American Booksellers Association for colluding with publishers (including Penguin, the nation's largest publisher) and distributors (including Ingram, the nation's largest book distributor) to set lower wholesale prices than the industry standard, allowing B&N a larger gross margin on each sale than any other competitor could obtain. This sort of anticompetitive practice is typical of market-killers in many different industries, from hardware to coffee.

    If you want a healthy local economy and a resilient national economy, support locally owned, independent businesses wherever and whenever you can.

    "The great lie of democracy, its essential paradox, is that democracy is first to be sacrificed when its security is at risk." --Ian McDonald

    by Geenius at Wrok on Wed Mar 05, 2008 at 07:48:59 AM PST

    [ Parent ]

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