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...

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