• Exercise class

    Come in at

    9:30 Tuesdays,


  • Artist coloring book

    Available now
    at the library
    for just $12.
  • Join the Buzz!

    Join a team,
    sponsor a team:
    Get involved!
  • Start filming!

    Enter your
    movie in our
    Film Fest '016!
    Ask us how.
  • Before the damage is done

    Learn to conserve
    before the
    water rises.
    Ask us how.
  • 1
  • 2
  • 3
  • 4
  • 5

Search the Catalog

Librarian Blog

  • Now hear about this

    It sounds so obvious that I wonder why I hadn't thought of it before now. After all, I had a son...

  • Its time has come

    The Sunday edition of The New York Times came with a bonus section, full of color and nicely...

About homework and school hours:
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
  • Votes: (0%)
Total Votes:
First Vote:
Last Vote:
Text Size

The reason monopolies are bad for consumers has long been made by, well, monopolists themselves.

Let a company get exclusive or near-exclusive title to some part of the market, and that company will take advantage of its position to maximize profits.

If this were not true, government would never step in to foster competition.

Little wonder, then, that Amazon, the biggest bookseller of all time, is now profiting from its gargantuan position to raise the prices of its offerings to make more and more money.

To get to where it is now, Amazon kept prices artificially low, bringing in customers so it could grow its market share.

The pricing back then was predatory.

And so it is now with prices rising.

This all should come as a surprise to absolutely no one.

But, today's New York Times carries an article that has a tone of incredulity about Amazon's price-hiking.

Now it is time for government to step in and protect book-buyers from this modern Robber Baron.

Add comment

Security code

DMC Firewall is a Joomla Security extension!