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Overstock.com cuts prices for its best-selling books

Salt Lake-based online closeout retailer Overstock.com has dropped the prices on its best-selling books to 25 percent off of Amazon.com's pricing for the same books.

Books on the New York Times, Publisher's Weekly and Amazon.com 100 best-seller lists qualify for the discount.

Overstock's president and chief executive officer, Patrick Byrne, said the pricing test will remain through September.