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In fact, I think maybe in Europe second-hand bookstores do pay some kind of royalties? Maybe libraries do too?

In the US, the "first sale doctrine" has legally preserved the right to give, rent, or sell an object legally in your possession, without the permission of the copyright holder.

For 100 years (I believe the first sale doctrine was first established in 1908), it did not imperil the business of writing and selling books.

In 2021, that market does seem imperiled, as the OP is about... but I don't think the 100-year-old first-sale doctrine is to blame, or eliminating it would fundamentally change the market forces. I mean, if it was the issue, then the market for books would be fundamentally different (and better for copyright holders) in Europe than the US, but is it?



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