A War That’s Good For America

Sunday, October 18, 2009
Posted in category Economics

A competitive price war between WalMart and Amazon.com.

Taking a page from its original playbook, Wal-Mart Stores Inc. launched a full-fledged price war with Amazon.com Inc. and a nation of book retailers, lowering online prices on certain highly anticipated hardback titles to $9.

The volley of discounts, which began Thursday when the retailer listed prices for some upcoming hardcover releases such as Dean Koontz‘ “Breathless” and Stephen King‘s “Under the Dome” at $10, was answered with a similar price cut by Amazon, the largest online bookseller. Then the two competitors lowered the prices even further to $9.

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2 Responses to A War That’s Good For America

  1. cousin lucky says:

    October 18th, 2009 at 8:43 pm

    Where Is The Competition For Our Government??

  2. Shannon says:

    October 18th, 2009 at 9:45 pm

    This country needs an intellectual revolution. Perhaps lower book prices will encourage this.

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