“The effect of Amazon’s monopsony in the book business is to constantly force authors and publishers to work for less money. In Bork’s view, as long as the customer gets lower prices, society should not care that writers cannot make… — Jonathan Taplin Copy Share Image
“monopsony: a single buyer, who may harm suppliers in the short term but also consumers in the long term, as they suffer from diminished choice and reduced competition.” — Anonymous Copy Share Image