To live in two countries is to make comparisons, instructive or not as the case may be. And since I spend an unusually large proportion of my time in bookshops, it is unsurprising that I compare the book trade in the two countries in which I live, Britain and France.
In Britain, booksellers are allowed to discount books as much as they like; France, by contrast, maintains a fixed price for books, as did Britain until the 1980s. The effects of this difference are interesting: what appears to be a restraint on trade actually improves its quality.
About twice as many books are published in Britain annually as in France, although this difference may be as much the consequence of the much larger Anglophone market as of the difference in pricing policy. In France, few books are published initially as hardbacks, and newly-published paperbacks there tend to be about the same price as their hardback equivalents in Britain. The mass-market paperbacks, by contrast, tend to be cheaper.