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The case for book publishing monopolies

A monopoly is highly volume dependent and volumes need more variety, not less

Books, book store
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T C A Srinivasa-Raghavan
The other day I told my son I’d buy him a book. His curt response was, “Get with it, man”. He meant no thanks, only Kindle. 

The next day I offered my 75-year-old sister to buy her a book on Kindle. “Don’t be an ass,” she said equally curtly.

A few weeks later, I was travelling around in Europe. Old and young, though only a small percentage, had iPads. The rest had their phones.  I didn’t see anyone carrying a book. No one. Nor was anybody reading from a Kindle. On iPad they could have been reading anything but on Kindle it
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper