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Amazon has given in to publisher pressure and agreed to abandon their $9. 99 price point for e-books.
Publisher Macmillan felt that the $9. 99 price devalued many of its bestsellers, which often sell for $30 in hardcover format. In response to the pricing dispute, Amazon briefly removed all Macmillan books from its store last week. However, the boycott lasted only a few days before Amazon gave in to Macmillan’s demands.
In a statement Sunday, Amazon defended its position to customers:
Macmillan, one of the “big six” publishers, has clearly communicated to us that, regardless of our viewpoint, they are committed to switching to an agency model and charging $12. 99 to $14. 99 for e-books versions of bestsellers and most hardcover releases.
We have expressed our strong disagreement and the seriousness of our disagreement by temporarily ceasing the sale of all Macmillan titles. We want you to know that ultimately, however, we will have to capitulate and accept Macmillan’s terms because Macmillan has a monopoly over their own titles, and we will want to offer them to you even at prices we believe are needlessly high for e-books.
Amazon’s decision to throw in the towel may be related to Macmillan’s recent agreement to sell books in Apple’s iBookstore. Amazon has captured an overwhelming share of the e-book market with its Kindle reader, but if the iPad becomes successful publishers’ may turn to Apple to sell their e-books.
Publishers seem more interested in protecting the value of their hardcover books than competing in a digital format. Will higher eBook prices convince you to purchase a physical copy of your next novel, or will you accept a modest price increase given that e-books are typically cheaper?

1.What can be said of the pricing dispute between Amazon and Macmillan?

2.“To throw in the towel” in the last but one paragraph means( ) .

3.What accounted for Amazon's failure to continue its boycott according to its statement?

4.Which of the following is true?

问题1选项
A.Macmillan won the dispute.
B.Amazon won the dispute.
C.Neither of them won the dispute.
D.Customers enjoyed the dispute.
问题2选项
A.to make up one's mind to try something
B.to indicate your disagreement
C.to threaten to fight back
D.to admit that you have been defeated
问题3选项
A.Amazon s cowardice.
B.Macmillan’s arrogance.
C.Amazon’s generosity.
D.Macmillan’s monopoly.
问题4选项
A.Macmillan preferred to sell traditional books rather than e-books.
B.Apple made more profit than Amazon in selling e-books.
C.Macmillan intended to increase its e-book market.
D.Amazon was ready to sell e-books at lower prices.
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