Because the author isn’t buying a “copy” of the book, he or she is purchasing a file that will be reproduced and distributed/sold by other parties. A file that Penguin has invested time and resources in, even if it’s just the editing and not any kind of styling, so it makes sense to me that they would not just give the file away for free. It’s not really Penguin’s job to provide the author with a copy that he or she can distribute at will.
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