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Not all of them do: see https://en.wikipedia.org/wiki/Diamond_open_access which charge neither readers nor authors. In TCS, see, e.g., https://en.wikipedia.org/wiki/Logical_Methods_in_Computer_Sc...

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One of the journals in my field is going through this at the moment. They were set up with an initial grant to cover editorial and typesetting, which is about to run out. Their two suggestions for carrying on are either to charge a couple of hundred dollars a paper for typesetting (which is apparently what it actually costs) or to require submissions in a standard LaTeX pipeline (which is not standard for my discipline but would enable it to be done automatically). I suppose a strict Word template would also suffice at the expense of annoying all the computational scholars (that's what another Diamond OA journal does in my field).

But somebody's doing the typesetting. Giving sufficiently technically competent authors that could be the authors, but otherwise some money has to be found from somewhere. I don't mind that coming from libraries or research grants if necessary: it's cheaper than Elsevier.

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