Sales of used texts account for more than $500 million a year, roughly a fifth of the textbook market.
Furthermore, considering the photocopies were only of short excerpts, the majority found it difficult to see how this activity would compete with the textbook market.
It's had to sell off one of its best assets and it's perceived to be a much weakened competitor in the textbook market.
I can see a huge potential for e-book readers in the textbook market.
We believe the announcement will involve improvements to the process of creating eBooks and may affect the textbook market.
As college enrollments skyrocketed, new textbook markets opened up.
It set a new floor of $250,000, which has since escalated to $400,000 to $500,000, for the much smaller intermediate-level textbook market.
This is particularly true in textbook markets, where many books cost well over $100.
The textbook market does not operate in exactly the same manner as most consumer markets.
This situation is exacerbated by the lack of competition in the textbook market.