Amazon rival to wage price war

Summary:One of Amazon.com's former partners is gearing up to wage a price war against the Web superstore.

One of Amazon.com's former partners is gearing up to wage a price war against the Web superstore.

Overstock.com, which buys goods from foundering companies and sells them online, is expected to announce Monday that it plans to sell more than 350 best-selling books for 10 percent below what Amazon sells them for, said Overstock Chief Executive Patrick Byrne.

Overstock is known as a "Web vulture" because it picks over the remains of dead dot-coms. --Greg Sandoval, Special to ZDNet News

Topics: Amazon

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