Apple stock took top hedge fund holding slot in Q2
"The DOJ, and by extension the U.S. Government, is essentially handing the book market to Amazon and setting the price consumers will pay regardless of what books actually cost. For Amazon, it's a great deal, because it can continue conducting business just as it has. For consumers, they'll most likely pay lower prices for books and ebooks purchased through Amazon, at least for now.
As more book retailers go out of business, Amazon will gain even more of the market. When the online retailer controls enough of the market it can raise prices if it wants, although there isn't any guarantee that will happen. Selling at a loss forever, however, isn't a sustainable business model, so Amazon will need to find a place to make up the difference, and the easiest place to do that is through higher book prices."
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