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by marcosdumay 3575 days ago
The rent they are coasting on is dictated by government and NGO bureaucracy. Until universities and grant distributors stop judging researchers mainly by the amount they publish on Elsevier journals, no newer publication will become prestigious. In fact, a few years ago I was doubting newer publication would ever get as far as they did.

Besides, research publication does have hight costs. But nearly all of that cost is not beared by publishers.