Hardback books could be killed off if Amazon's e-books and Google's digital library force publishers to slash prices, Arnaud Nourry, chief executive of French publishing group Hachette, has warned.
Mr Nourry said unilateral pricing by Google, Amazon and other e-book retailers such as Barnes & Noble could destroy publishers' profits.
He said publishers were “very hostile” to Amazon's pricing strategy – over which the online retailer failed to consult publishers – to charge $9.99 for all its e-books in the US. He also pointed to plans by Google to put millions of out-of-copyright books online for public use.
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