Actually that could hurt small businesses (if you know anything about business). Quick lesson. Large book stores (Amazon, Barnes and Noble) sell lots of volume or many units. They can afford a lower price by making it up in volume. Small book stores generally have higher prices because they don't sell as many. If a publisher sells a book for $5 and B&N sells a 100 copies at $10, they make $500. A smaller book store may only sell 25 copies, at $12.50, but they only make $187.50, if they are forced to sell at $10, they only make $125 for the day. That might not even cover their labor for the day. When that is compounded by the thousands of books Barnes and Noble sells a day, they can afford to stay in business, while a small book store gets put out of business.
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· 9 years ago
I think they're doing it so people won't go to a big chain store to get it cheaper but I think they forget that if people really want a cheap book, they can just buy it online.
Also I think that the people making regulations may not actually understand business. That's how it seems in the US anyway. Well, or the regulations are underwritten by the bigger businesses to benefit themselves and knock out competition from the little companies.
Well, in my country the big bookshops have cheap books and the smaller ones think they sell gold or oil. And that's why there are not many of the smaller ones, nobody will pay three times the price just because it's a small shop
Also I think that the people making regulations may not actually understand business. That's how it seems in the US anyway. Well, or the regulations are underwritten by the bigger businesses to benefit themselves and knock out competition from the little companies.