IPad May Be ‘Black Ship’ That Shakes Up Japan’s Book Industry

From Business Week:

Apple Inc.’s iPad may force Japan’s $21 billion book market to reshape pricing in the industry by historical proportions, publishing officials and analysts said.Communications minister Kazuhiro Haraguchi and the Electronic Book Publishers Association of Japan this week compared Apple’s device to the “Black Ships” that led the country to open trade with the U.S. 157 years ago. Unlike most Western markets, Japanese publishers set retail prices and prevent discounting, allowing more than 450 companies to coexist.

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About Nate Hoffelder (11211 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

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