BUSINESS ABROAD: The Printing Pirates

An agent for a major U.S. publisher checked into book sales at Iowa State University recently and got a terrible shock. Pirated editions of U.S. books, mailed from Formosa, were arriving in such numbers that the campus post office had to use a hand cart to make deliveries. For the past two months, Iowa State students had been ordering .books at the rate of $500 a week. Catalogues offered more than 1,000 of the latest U.S. textbooks and bestsellers at only 10% to 25% of their U.S. list price. Gray's Anatomy went for $2.50 (v. a U.S. list price...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!