Online competition forces price cuts on used books

Online competition forces price cuts on used books
The rise of the digital book has prompted one of Detroit's last independent bookstore operators, John K. King, to promote cutthroat pricing in an attempt to keep alive his two satellite used bookstores.

"What I can't stand is the free pass the e-books are getting," King said. "Like they are the greatest things and they have no negative aspect. Besides the closing of bookstores like mine, what about the toxic nature of those devices? Books are biodegradable."

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