From Low Priced Editions to Fair Priced Editions
A major group of Indian publishers is up in arms against a proposed amendment to the copyright act of India. Put simply, the said amendment allows for the export of any edition of a title into India even if specific Indian editions are already available. There are some genuine points both for and against the issue. However the debate has long since devolved into fear mongering and finger pointing. One of the interesting claim of the publishers is that the said amendment will also legalize the export of Low Prized Editions of text books and technical books back to USA and UK. As a result, publishers in those market are likely to stop giving licenses for LPEs. I personally think that it is very far fetched. There is enough protection against such imports in USA/UK markets. Some short sighted foreign publishers might pull out but then that should not be the guiding factor of our policies anyway. However the reaction from publishers set me thinking in another direction. Given its s...