Quote:
Originally Posted by stonetools
Amazon CLAIMS that. I'm not sure the DOJ signed on to that claim in its filings. Most business analysts don't buy it.
At the end of discovery, we'll know for sure.
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Paragraph 30 of the DOJ filing (also took about 30 seconds to find on Google)
Quote:
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30. When Amazon launched its Kindle device, it offered newly released and bestselling e-books to consumers for $9.99. At that time, Publisher Defendants routinely wholesaled those e-books for about that same price, which typically was less than the wholesale price of the hardcover versionsof the sametitles, reflecting publishercost savings associated with the electronic format. From the time of its launch, Amazon's e-book distribution business has been consistently profitable, even when substantially discounting some newly released and bestselling titles.
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Just as an aside, I do hope you're not paying those "business analysts" (who still remain anonymous) for any of their advice?