Campus bookstores say companies’ aggressive tactics hurt business and violate colleges’ exclusivity contracts.
We wonder, how long such agreements can continue to exist?
"Mr. Rosensweig and Mr. Chesnut asserted that exclusive bookstore contracts don’t serve students’ interests but benefit colleges and universities by generating revenue. The commission Barnes & Noble pays Southern Connecticut State each year varies depending on sales, but the university is guaranteed at least $600,000. On top of that, the company provides $26,000 each year to support textbook scholarships, a lecture series, and a golf classic."