Amazon’s bookselling business is under fire.
, the Authors Guild, American Booksellers Association, and Open Markets Institute urge the FTC to look into Amazon’s “monopoly in its role as a seller of books to the public.” The three organizations accuse Amazon of dominating “almost every aspect of the book market,” citing data that the company sells over 50 percent of all physical books in the retail market, 90 percent of physical books sold online, and over 80 percent of all ebooks on the market.
As alleged in the letter, Amazon’s dominance in the publishing industry, plus its full control over the bookselling process, means “nothing is stopping it from using its control to harm publishers, booksellers, readers, and authors as it continues to line its own pockets.” Amazon, which first started out as a website for selling books, has grown to become a major player in the publishing industry, creating its own Kindle e-reader and operating a self-publishing platform.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Living with air pollution in US raises risk of dementia, study findsAbout 15% of the study’s participants developed dementia, and its authors say the link was most robust in areas with pollution from wildfires and agriculture.
Read more »
Alice Kahn Ladas, pioneer in women’s sexuality, dies at 102Her best-selling 1982 book 'The G Spot,' written with two co-authors, helped loosen constraints on women's sexual experience.
Read more »
Size-dependent vitrification in metallic glassesThe sample size dependence of the glass transition in metallic glasses has hitherto remained elusive. Here, the authors show that, reducing sample size below 10 μm, the glass transition temperature can be depressed by as much as 40 K, thereby allowing attaining glasses with low energy states.
Read more »
Fluctuating climate and dietary innovation drove ratcheted evolution of proboscidean dental traitsTracking temporal patterns of proboscidean dental evolution in relation to diet and environment, the authors find that the effects of diet and environment are decoupled, and evolution of dentition alternated between directional change at times of high selective pressure and stasis when selective regimes reversed.
Read more »
Parent Burnout: Top 3 Ways to Thrive with Community SupportAuthors: Dr. Eve Loren Goldstein and Danielle Matthew, LMFT It was Friday morning, the end of one of those typical exhausting weeks of work and weeknight commitments. The last thing I wanted to do was to squeeze in one more obligation, but I saw on my calendar “coffee with the principal” at my child’s school. …
Read more »