In the latest round of the Amazon vs Everybody Wars, Great Britain is calling for an anti-trust inquiry into Amazon's bad "behaviour."
Amazon's book sales accounted for nearly one-third of all book sales in the UK, and nearly 80% of ebook sales. Britain's booksellers are worried, and rightly so, that they will be driven out of business.
The inquiry will investigate precisely how Amazon is smashing the competition, but there will be no surprises concerning Amazon's tactics.
Because Amazon is the "everything store" it can afford to lose money on books. Amazon has claimed that it is on the "side of the consumers" by keeping prices low, but, in reality, it is merely using its broad sales platform to drive all of its competitors out of business. Once there is no competition, Amazon can do what it likes.
British retailers and book publishers are attempting to provide online sales outlets to compete with Amazon, but, so far, they have not had great success. Frankly, it may be a case of "too little, too late."
So far, the US has not taken a stand on the Amazon empire - nor will it ever. Despite our official support of free trade, we believe in monopolies.
Related posts: Round 10 of the Amazon vs Everybody Wars: Amazon vs Japan
Round 9 of the Amazon vs Everybody Wars: Amazon vs Authors
Round 8 of the Amazon vs Everybody Wars: Amazon vs Disney
Round 7 of the Amazon vs Everybody Wars: Amazon vs the FTC
Round 6 of the Amazon vs Everybody Wars: Amazon vs The Authors Guild
Round 5 of the Amazon vs Everybody Wars: Amazon vs France
Round 4 of the Amazon vs Everybody Wars: Amazon vs Germany
Amazon Socks it to Time Warner: Authors, Are You Paying Attention?
Amazon Squashes Major Publishing House - Again (Hachette)
Round 1 was Macmillan.
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Publishers call for UK antitrust inquiry into Amazon
By Henry Mance, Financial Times, September 18, 2014
British publishers have called for a competition inquiry into Amazon’s dominance, saying that the UK’s retail book market “suffers from a chronic and debilitating imbalance for authors, publishers and booksellers”.
The move is the latest broadside against Amazon – which is already facing a protracted battle against French publisher Hachette and a competition complaint from German booksellers.
Read the rest of this article here.
Amazon's book sales accounted for nearly one-third of all book sales in the UK, and nearly 80% of ebook sales. Britain's booksellers are worried, and rightly so, that they will be driven out of business.
The inquiry will investigate precisely how Amazon is smashing the competition, but there will be no surprises concerning Amazon's tactics.
Because Amazon is the "everything store" it can afford to lose money on books. Amazon has claimed that it is on the "side of the consumers" by keeping prices low, but, in reality, it is merely using its broad sales platform to drive all of its competitors out of business. Once there is no competition, Amazon can do what it likes.
British retailers and book publishers are attempting to provide online sales outlets to compete with Amazon, but, so far, they have not had great success. Frankly, it may be a case of "too little, too late."
So far, the US has not taken a stand on the Amazon empire - nor will it ever. Despite our official support of free trade, we believe in monopolies.
Related posts: Round 10 of the Amazon vs Everybody Wars: Amazon vs Japan
Round 9 of the Amazon vs Everybody Wars: Amazon vs Authors
Round 8 of the Amazon vs Everybody Wars: Amazon vs Disney
Round 7 of the Amazon vs Everybody Wars: Amazon vs the FTC
Round 6 of the Amazon vs Everybody Wars: Amazon vs The Authors Guild
Round 5 of the Amazon vs Everybody Wars: Amazon vs France
Round 4 of the Amazon vs Everybody Wars: Amazon vs Germany
Amazon Socks it to Time Warner: Authors, Are You Paying Attention?
Amazon Squashes Major Publishing House - Again (Hachette)
Round 1 was Macmillan.
___________________
Publishers call for UK antitrust inquiry into Amazon
By Henry Mance, Financial Times, September 18, 2014
British publishers have called for a competition inquiry into Amazon’s dominance, saying that the UK’s retail book market “suffers from a chronic and debilitating imbalance for authors, publishers and booksellers”.
The move is the latest broadside against Amazon – which is already facing a protracted battle against French publisher Hachette and a competition complaint from German booksellers.
Read the rest of this article here.
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