Sony Drops E-Book Price, Matching Amazon’s $9.99

“Book publishers have worried about the $9.99 flat price ever since Amazon.com introduced it for its Kindle reader in 2007, fearing that it could cannibalize sales of higher-priced hardcover books. … Sony is also introducing two new electronic reading devices: the Reader Pocket Edition and Reader Touch Edition. They will sell for $199 and $299 respectively,” substantially less than the devices they replace.