For book lovers, Amazon (AMZN) has been great, writes David Streitfeld in the NYT, but its total...

|By:, SA News Editor

For book lovers, Amazon (AMZN) has been great, writes David Streitfeld in the NYT, but its total dominance of the book market means that no-one knows the "real" price of a book. Take recent hit "Cotton Tenants" - a rediscovered article by James Agee - whose list price is $24.95 but has been sold from $16-19.79. The inconsistency means publishers don't know how to price books so that they can still make money following the Amazon discount, if it comes, and not price out the smaller retailers.