Amazon did not cartelize the book market
October 5, 2022

Amazon did not cartelize the book market


Two antitrust lawsuits were also dismissed by an American federal judge, who said that Amazon and major publishers did not cartel in the book market.

Amazon and five major publishers have been accused in two US antitrust lawsuits of illegally colluding to fix the prices of US books (both traditional and electronic), taking more money out of the pockets of consumers and bookstores.

But federal judge Gregory Woods in Manhattan dropped both cases, which were brought against Amazon, Hachette Book Group, HarperCollins Publishers, Macmillan Publishing Group, Penguin Random House and Simon & Schuster.

According to the plaintiffs, the defendants signed an agreement, in addition to Amazon’s 30 percent agency fee, they raised the prices of e-books and guaranteed that no one would undercut Amazon’s prices. Booksellers say Amazon has used discriminatory discounts to force them to pay publishers more and their sales to drop. According to the indictment, Amazon covers 90 and 50 percent of the e-book and printed book trade market, and 80 percent of these books are sold by the aforementioned publishers.

Another judge last month recommended dismissing the lawsuits for lack of evidence, saying in the first case that consumers lacked a good explanation for why the publishers would have been motivated by a conspiracy to further Amazon’s dominance as an e-book seller.

Prev Post

It is important to build…

Next Post

Shenmue: The Animation – It…


Leave a Comment