Department of Justice Decision Released

Dept. of Justice has determined that the proposed “final judgment” provides “an appropriate and effective remedy” for the antitrust violations. They are quoted as saying that the comments to dismiss the case were being submitted “by those who have an interest in seeing consumers pay more for e-books…”

The DoJ showed little interest in the comments from some of the big players in the industry, including Barnes & Noble, Books-A-Million and the Authors Guild. They go further to say that arguments that Amazon will eventually monopolize the e-book industry as “highly speculative at best.”

The DoJ also noted that not all authors objected to the settlement. Apparently, many mainstream or traditionally published authors were against the settlement. The largest group in favor of the settlement was self-published authors. In one comment by a group of self-published authors, the traditional publishers and literary agents were described as “… all kinds of middlemen which have gone from being indispensable to optional … “ Continue reading “Department of Justice Decision Released”

The Impact of the Dept. of Justice Investigation

The Indie Author in the world of Publishing

Last week, on March 24, 2012, we looked at a brief history of eBooks, Publishers and the Agency vs. Wholesale pricing model. You can review that post here.

Ironically,on Thursday March 29, 2012, the Huffington Post ran a story by Mark Coker the founder of Smashwords. Most of you are familiar with Smashwords as one of the first distributors to supply eBooks to retailers including, Apple iBookstore, Barnes & Noble, Sony, Kobo, the Diesel eBook Store, and Baker and Taylor. Continue reading “The Impact of the Dept. of Justice Investigation”