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But even Jeff Bezos, Amazon's legendary founder, expressed doubts regarding the wisdom of the US Patent Office in granting his company the patent. In an open letter to Amazon's customers, he called for a rethinking of the whole system of protection of intellectual property in the Internet age.
Today Amazon.com offers 3 million books, CDs, audiobooks, DVDs, computer games more than 14 times as many titles as the large chain superstores to more to 3 million people in more than 160 countries. "Businesses can do things on the Web that simply cannot be done any other way", says Jeff Bezos. "We are changing the way people buy books and music."
The opening of barnesandnoble.com sparked a fierce price war in a low-margin business. It now competes directly with the main on-line bookstore Amazon.com. Because of this competition, Amazon.com came to be known as "Amazon.toast". Jeff Bezos, CEO of Amazon.com, doesn't fear the competition though.
Such a person is looking forward to being equipped with a digital book, which will appear in 1999. Jeff Bezos created Amazon.com in July 1995, after a market study which led him to conclude that books were the best products to sell on the Internet.
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