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Is There Any Competition in E-Books?
There's not a lot of competition in the e-book market. Amazon doesn't really participate in other markets that it doesn't need to, he says. And then there's this thing where I think they don't want to make money on the Kindle and just want to sell you stuff through the Kindle. That has held Amazon back its ability to do whatever it wants because it just decimated all of its competitors basically immediately.