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#16 |
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I just hope these mergers won't steer the industry towards more monopolies which would be bad for the customers.
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#17 |
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The dominant power that Amazon has achieved in some markets apparently requires an equally dominant publisher as a counterbalance.
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#18 |
Is that a sandwich?
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It's been reported that Amazon has 90% of the UK ebook trade. Penguin (Pearson) is a British company who wants to concentrate on the educational market. They could either spin the rest into a weaker company or merge with another.
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#19 | |
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Do I therefore think the degree of market consolidation in the publishing industry is unrelated to individual product prices? Well, actually, I'm not sure. But when you combine the fact that publishing would still be a rather non-consolidated industry after the merger, and the fact that the products are already monopolized, I can't see it really giving them power to raise prices. |
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#22 |
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Bertelsmann has annual sales of 15 billion € - while that's not the same size as Amazon it isn't a minnow, either. The main aspect is that it is so big that its books cannot simply be removed by Amazon just because Amazon isn't happy with the sales agreement.
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#23 | |
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#24 | |
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Merger = legal collusion. (In their view. Just read their justifications.) This is not a good thing for any reader, regardless of what you may think about Amazon. Last edited by fjtorres; 10-28-2012 at 11:58 AM. |
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#25 | |
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#26 | |
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Personally, I'd rather publishers merged if it means they can survive long enough to reorganise their way of doing business but I realise that is heresy on MR as any organisation is automatically running a giant conspiracy to crush everyone else and impose their evil will on the world... ![]() |
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#27 | |
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We all share the same frakked-out planet and, like it or not, everybody has something to say about how things are run. If you don't like the DOJ applying properly-legislated american law, think about how we feel when the unelected Brusselcrats apply *their* made-up arbitrary regulations. Europe is hardly the pinnacle of democracy some would like to pretend. So, can we get back to roasting greedy conniving multinationals instead of nationalistic grievances? |
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#28 | |
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#29 | |
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#30 | |
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Last edited by shenye; 10-28-2012 at 03:42 PM. Reason: typo |
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