Quote:
Originally Posted by cfrizz
When Amazon decides to break the law, govt agencies will start scrutinizing and punishing them as well.
As for Amazons dominance in the market it is dominant because WE THE PEOPLE gave it to them because of their excellent prices and service! When those two facts change, we the people will stop giving them our money.
This is not rocket science or any great conspiracy, so either remove your tin foil hat and stick to the point of this thread or retreat to your bunker and wait out the apocalypse!
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Ironically, an article in WSJ last week mentioned the Amazon actively went to the US government and got them to file the lawsuit against Apple and the published (link -
http://online.wsj.com/articles/amazo...ent-1410217281). If you google "Amazon Loves Government" you might be able to get past the paywall. I'm not sure, I have a subscription, but I've been told that method works.
The relevant quote is
" ...
Amazon could have continued with its wholesale model—but the publishers were protesting the company's tactics by withholding popular hardback or e-book titles for several months. Thus for the first time Amazon had in Apple an e-book competitor with a potentially superior selection of books.
So in February 2010 Amazon posed as the victim, and associate general counsel David Zapolsky submitted a confidential white paper to the Federal Trade Commission and Justice's antitrust division on "the collective nature of the publishers' action to take control of digital book pricing."
DoJ then picked up Amazon's legal argument and used it to sue Apple. DoJ claims that the iPad and the publishers' acceptance of Apple's new arrangement "forced" Amazon to flip to the agency model and thus higher (albeit temporary) consumer prices.
..."
Hopefully that isn't too much of a quote.
I'm afraid that I can't share your faith in the US government as a fair and unbiased arbitrator. The term "crony capitalism" came about for a reason. For all practical purposes, it's impossible to maintain a monopoly without government support and intervention.
Once again, the parallels between the Apple anti-trust suit and the Microsoft anti-trust suit are quite striking.