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this post was submitted on 23 Jul 2023
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Explain Like I'm Five
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Sure, but in that previous time period, they didn't make a profit but were able to destroy the brick and mortar bookstore. So I guess it would be more honest to say they demolished the bookselling industry and now can argue for whatever deals they want because the only other bookstores are weakened.
Sure, but ”They built a very successful business and uses that to squeeze publishers“ is a very different explanation than “Amazon sells books at a loss”.