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In reply to the discussion: Amazon to Cut E-Book Prices, Shaking Rivals (making Amazon a Monopoly) [View all]joshcryer
(62,265 posts)They cannot raise commission that they take they can only lower it.
Amazon will likely dominate ebook publishing regardless, they were first with a proper scheme, just as Apple was first with proper tablets and they will dominate the tablet market. Both companies will eventually fall to the wayside as new developments are made (for example, I predict that as the net evolves we'll have 100% profit sharing for authors through a purely open source style ebook distributor and open hardware ebook readers, that could be a few years yet but it's the eventual outcome, no more middlemen).
The current model is publisher based rent sharing (the pure capitalist model), the Amazon monopoly model isn't all that much better but it guarantees 70% revenue to the author, with no other middle men, so it's closer to a socialist / capitalist collusion. The final model will be a purely socialist model where people pay what they can and people copy freely. It's the only outcome to this.