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Amazon fires back and B&N, drops the price of the Kindle 2

Barnes & Nobile probably felt confident that its knocking $50 off the price of the Nook and introducing a Wi-Fi only model at $149.99 was really going to really stick it to the Kindle for at least a few days, but then BAM! Amazon responds in kind by slashing the price of the Kindle 2 by $70. That’s right, ladies and gentlemen. Capitalism at its finest.