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JIM WASHINGTON: It was a war that most people didn’t notice: Online retailer Amazon.com pulled all of Macmillan Publishing’s stock — physical books, e-books, everything — because Macmillan wouldn’t agree to a price cap of just under ten dollars for e-books sold on the site.
JIM WASHINGTON: Ultimately Macmillan was victorious: Amazon agreed to Macmillan’s price terms. Amazon released a statement explaining their decision stating “We will have to capitulate and accept Macmillan’s terms because Macmillan has a monopoly over their own titles.”
JIM WASHINGTON: In response to this statement, the entire world blinked in confusion, shrugged, then moved on to speculating over whether the iPad would make Netbooks obsolete.
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