http://www.nytimes.com/2009/02/10/te...kindle.html?em

I can't believe they have the nerve to sell a stinking short story for $4.

Interesting to see that Amazon has to pay the publisher the same price for a printed book as for a download! They claim they are losing money on every $9.99 ebook sale.

Obviously the publishers are the ones holding the line because they fear being cut out.

Amazon needs to set up Amazon Publishing, with their own editors, and start signing authors directly. Perhaps they signed contracts with book publishers preventing them from competing directly.