British publishers fear being crushed by the cut-price US juggernaught

<p>How British publishers must yearn for the certainties of yesteryear. At home, the antiquated retail terms structure is threatening to implode; abroad, if last week's rancorous debate at BEA is anything to go by, territorial rights are under serious threat.</p><p>When the trade's transatlantic great and good sat down after the war, they carved up the world along the lines of old Empire. The Americans soon overturned this agreement on traditional markets but its residues remain. Now, with their own trade flat, they are eyeing fertile English-language territories such as India, Africa, Aust...

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