December 18, 1998

'Journal Glut' and High Prices

To the Editor:

In "Librarians' Newsletter Takes Aim at Commercial Publishers of Scholarly Journals" (November 13), your reporter demonstrates that the librarians and the antitrusters at the U.S. Department of Justice adhere to the conventional tendency to assume that the lowest possible price is always the best price, and that price increases are never acceptable. With respect to the standard assumptions that

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