Amazon.com and the Anti-Trust Suit by Arline Chase

I have seen many, many, many articles accusing Amazon.com of “ruining” the publishing industry and implying that the Justice Department is after them in an anti-trust lawsuit that is making on-going news.

Recently the NY TIMES (who should know better) posted yet another such inaccurate article. Someone with actual knowledge of the e-book industry dissected it and if you want to see what they said, click here: http://mikecanex.wordpress.com/2012/04/16/the-worst-article-about-the-ebooks-anti-trust-suit/

For those who want to know the facts:

1. Nobody is suing Amazon.com! Anti-trust means the company is cheating their customers.

2. The Justice Department filed the price-fixing anti-trust lawsuit against the Big 6 paper publishers and the Apple computer corporation, not against Amazon.com.

3. Amazon sets prices on the books that they sell. This is Big News? Every retailer in the country sets prices on the goods they sell. Some offer discounts. Customers like discounts. Continue reading “Amazon.com and the Anti-Trust Suit by Arline Chase”

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