BOOK TURF WAR

Sales of books over the internet in Korea have taken off. But “threatened by the booming e-sales performance and its increased recognition as a reliable retail source, some of the largest book stores are accusing their new rivals of destroying the existing status quo built around the mandatory fixed retail price system. Late last month, the Association of Comprehensive Bookstores (ACB), an industry group of 11 largest bookstores in Seoul, announced that they will not carry books published by companies that also have deals with online book retailers.” – Korea Herald