Thread: Authors Group Urges Opposition to E-Book Settlement
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Old 06-08-2012, 07:57 AM   #72
rhadin
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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.
No, that was never claimed by the DOJ; the DOJ no more knows for certain than do the analysts as Amazon has never divulged the information. The only thing known for certain is that on the $9.99 bestsellers, Amazon was selling them below cost. In fact, as part of the settlement, Amazon will have to show at least breakeven. However, since Amazon is not a party to the lawsuit or the settlement, I can't figure out how the DOJ will enforce that.
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