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Author Topic: Amazon has gone too far  (Read 346 times)
HCK
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« on: May 26, 2014, 02:00:05 pm »

Amazon has gone too far

The e-book monopolist, having strong-armed Hachette, may finally get its day in court.

<p>FORTUNE -- Because it was Apple (AAPL) that got sued for violating the Sherman Antitrust Act, not Amazon (AMZN), the federal judge who decided the case last July was able to ignore the facts on the ground:</p>
<p>Namely, that</p>

Amazon had monopoly control of the e-book market
Amazon kept competitors at bay by pricing publishers' bestselling e-books below cost
Amazon ruthlessly enforced its control. When challenged in 2010 by MORE<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=tech.fortune.cnn.com&blog=8466345&post=143404&subd=fortunebrainstormtech&ref=&feed=1" width="1" height="1" /><img src="http://feeds.feedburner.com/~r/fortuneapple20/~4/zl4R91sHgKo" height="1" width="1"/>

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