Tuesday, November 3, 2009

Walmart/Amazon Price War

This Fall, Walmart and Amazon are in a price war for on-line books. Walmart cut prices for 10 popular books to $10 and Amazon matched; then Walmart dropped the price to $9, with Amazon matching. Now Walmart has cut the price by a penny, and Amazon has mathced; followed by Walmart dropping the price by another penny to $8.98. When will the madness end?

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