Wal-Mart and Amazon.com trade price cuts on books.
"The reductions...make it increasingly hard for independent sellers, which can't afford such large discounts, to compete for the most popular books."
I hate you, Wal-Mart. Your steady determination to eradicate locally-owned retail businesses makes me want to vomit.
"Booksellers have fought hard to bring in customers for blockbuster releases such as Brown's "Lost Symbol" and the "Harry Potter" stories, offering reductions of 50 percent or higher. But Wal-Mart's announcement suggests a broad, sustained race for customers at prices few can afford to offer."
Price War!
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