Thread: Authors Group Urges Opposition to E-Book Settlement
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Old 06-07-2012, 05:55 PM   #47
Ninjalawyer
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Quote:
Originally Posted by JoeD View Post
Didn't the DoJ consider that in their filings and state that whilst amazon do sell some books at a loss, their overall book side of the business is turning a profit and can stand on its own two feet, it's not subsidised by the other sides of the business?

Pretty sure I read that, but it has been a while since I read the filings.
You're right. Amazon states that its ebook division has been profitable from the start. If true, it suggests that they weren't doing something unsustainable. Interestingly, it's worth noting that the DOJ was asked to investigate Amazon in 2009 and nothing came of it.
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