What is the impact of market concentration on the text book market?

The result of concentration is reduced competition, fewer titles, less diversity, and often higher prices. Diversity, local content, appropriate content, translation into South African languages are all very important for textbooks. Textbooks are important in forming a child's worldview. For many South African children textbooks are the only books they'll ever see.

Re:

While many scholars have studied the impact mergers and acquisitions have had on market concentration levels in various industries, few have addressed the consumer book market, an important U.S. cultural industry. This paper: (1) defines the consumer book market; and (2) using consumer book mergers, sales data, the U.S. Department of Justice's 1992 merger guidelines, the Herfindahl–Hirschman Index, and four-firm and eight-firm concentration ratios tests whether an illegal level of market concentration or a violation of Justice's antitrust guidelines were evident in 1995 and 1996. Data on market entry barriers, outputs, and prices are also analyzed.

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