Booksellers and publishers are worried that Amazon is going to devour their industry. The giant online retailer seems to have its hands in all aspects of the business from publishing books to selling them - and that has some in the book world wondering if there is any end to Amazon's influence.
Publishers have a problem when it comes to discussing Amazon: they they may fear its power, but they are also dependent on it, because like it or not, Amazon sells a lot of books. But lately, the grumbling about Amazon has been growing louder with some in the book industry openly describing Amazon's tactics as "predatory."
Publishers have long complained about Amazon's pricing policies; they sold e-books at cut rate prices in order to win customers for the Kindle. Now, explains Joe Wikert, general manager and publisher at O'Reilly Media, Amazon is under cutting competitors by selling e-readers, like the new Kindle Fire, at a loss.
"The word "predator" is pretty strong, and I don't use it loosely," he says, "but ... I could have sworn we had laws against predatory pricing. I just don't understand why that's not an issue - because that's got to be hurting other device makers out there in trying to capture this market." ...
http://www.npr.org/2012/01/19/145468105/publishers-and-booksellers-see-a-predatory-amazon?ft=1&f=
Publishers have a problem when it comes to discussing Amazon: they they may fear its power, but they are also dependent on it, because like it or not, Amazon sells a lot of books. But lately, the grumbling about Amazon has been growing louder with some in the book industry openly describing Amazon's tactics as "predatory."
Publishers have long complained about Amazon's pricing policies; they sold e-books at cut rate prices in order to win customers for the Kindle. Now, explains Joe Wikert, general manager and publisher at O'Reilly Media, Amazon is under cutting competitors by selling e-readers, like the new Kindle Fire, at a loss.
"The word "predator" is pretty strong, and I don't use it loosely," he says, "but ... I could have sworn we had laws against predatory pricing. I just don't understand why that's not an issue - because that's got to be hurting other device makers out there in trying to capture this market." ...
http://www.npr.org/2012/01/19/145468105/publishers-and-booksellers-see-a-predatory-amazon?ft=1&f=
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