Quote:
Originally Posted by JSWolf
Amazon did not have a monopoly. Sony was also selling eInk Readers and eBooks.
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Sony did not have a huge share of the book selling business. In disputes against publishers, Amazon was known to pull ALL of a publisher's book from sale.
Monopoly isn't the useful term. Able to prevent free and fair competition - is a better concept.
Remember - a company isn't supposed to have to compete against itself. Amazon was using the publisher's products as loss leaders to launch its reading devices. Good for Amazon, bad for the publishers -- and frankly -- for the other book sellers who didn't have billions in VC money and inflated stock evaluations to run their businesses on.