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Originally Posted by darryl
I agree with much of what you have written above. However, I don't think your Walmart comparison holds up particularly well with KDP (with a 70% royalty rate) or even with KU (where Amazon completely controls the size of the pool and any bonuses). Big 5 businesses practices are far more exploitative and getting worse. So far as anti-trust intervention is concerned I consider it unlikely in present circumstances.
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In the US, anti-trust is very much an in the eyes of the prosecutor sort of thing. Certainly, Amazon is much more at risk now than they were under the previous administration. I also expect that exploitative practices is in the eye of the beholder thing as well. Publishing, like the music industry, movie industry and investing in start up companies, tends to be a business where you have to make lots of money on the one that pans out to make up for the 30 ones that didn't pan out.