Amazon quietly slashes book prices to new lows in apparent competition with Overstock.com
July 31, 2013 Leave a comment
Amazon (s AMZN) is facing an unusual opponent in the battle for the lowest book prices online: Overstock.com (s OSTK), which last week announced a promotional campaign to sell its books "at least 10 percent below Amazon.com's prices." While that promotion was only supposed to last for a week, Overstock has decided to continue it for longer.
In response, Amazon is slashing its own prices on print books.