Amazon cuts back discounts

The moment many have feared in the book publishing industry may be finally here, according to the New York Times: Amazon, having established control of a large portion of the book market in the U.S., is raising its prices.

Or, more specifically, in some cases, it’s reducing the discount it offers so that the prices its customers pay are scarcely different from what they’d pay in an old-fashioned, bricks-and-mortar bookshop. Then again, the Times article focused on small and academic presses, citing only a few more mainstream titles.

Read the full article on The New York Times