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Originally Posted by ProfCrash
Can some one explain to me why Amazon should care about BN, Apple, or Google and their resources or lack of interest in competing?
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Amazon shouldn't care. They are undoubtedly jumping for joy that half their major competitors aren't that interested in battling it out, and their biggest threat is headed straight for Chapter 11 or acquisition just trying to keep up.
Everyone
else should probably care about Amazon monopolizing ebooks.
Quote:
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Originally Posted by ProfCrash
The argument I am reading is that the DOJ is wrong to go after Apple and the Five Publisher for collusion because the action protected BN, Apple, and Kobo from a competitor that had the resources to discount books and was interested enough in the market to work at building the Kindle brand name and eco system.
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The DoJ
should investigate and, if required, prosecute for antitrust violations arising from collusion by the publishers.
The DoJ should
also keep a closer eye on Amazon. Instead, the DoJ handed Amazon the ebook business on a silver platter with "Jeff Bezos Pwns Ebooks" engraved on it.
I don't think it will be an unmitigated disaster. However, all the people who are screeching about the Evil Publishers will almost certainly find themselves squealing about Evil Amazon in a few years, and many many years after that.
I.e. there's a lot more to this than "consumer prices," and antitrust law is supposed to ensure competition rather than keep consumer prices low (at any cost) or pick industry winners.
Here's David Carr's spin on the matter....
http://www.nytimes.com/2012/04/16/bu...high-cost.html