Starting in July, Microsoft will be closing its e-book library and erasing all content purchased through the Microsoft e-bookstore from devices. Consumers will receive a refund for every e-book bought.
The company is able to shutter its store due to a tool called Digital Rights Management or DRM.
DRM allows companies to control content to protect copyright holders and prevent piracy.
"One of the things that I think people don't realize that's crucially important is that DRM and related software tools are embedded in all sorts of devices that we buy," Aaron Perzanowski, the author of The End of Ownership: Personal Property in the Digital Economy, tells NPR's Lulu Garcia-Navarro.
"The initial vision for DRM was that it was going to allow for the sale of digital goods online in a way that reduced the risk of copyright infringement," Perzanowski says.
"As this technology has been deployed what we've seen is that the big beneficiaries of DRM have not been copyright holders. They have been technology companies like Amazon, like Microsoft, who are able to control these ecosystems to make it harder for consumers to switch over to new platforms."