Amazon.com and 'Big Five' publishers accused of ebook price-fixing

Class action lawsuit filed in US claims the houses have colluded with the online giant to keep prices artificially highAmazon.com and the “Big Five” publishers – Penguin Random House, Hachette, HarperCollins, Macmillan and Simon & Schuster – have been accused of colluding to fix ebook prices, in a class action filed by the law firm that successfully sued Apple and the Big Five on the same charge 10 years ago.The lawsuit, filed in district court in New York on Thursday by Seattle firm Hagens Berman, on behalf of consumers in several US states, names the retail giant as the sole defendant but labels the publishers “co-conspirators”. It alleges Amazon and the publishers use a clause known as “Most Favored Nations” (MFN) to keep ebook prices artificially high, by agreeing to price restraints that force consumers to pay more for ebooks purchased on retail platforms that are not Amazon.com. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2021-01-15 13:04:33 UTC ]
News tagged with: #publishers accused #ebook price-fixing #online giant #simon schuster #law firm #district court #retail giant #retail platforms #ebooks #macmillan

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Amazon's Kindle Paperwhite drops to all-time low price of $71 in one-day sale

Now might be a good time to buy an e-reader for school — or that end-of-summer vacation. Amazon has cut the price of the ad-supported 8GB Kindle Paperwhite to an all-time low of $71 in a one-day-only sale, well below the official $130 sticker. That's lower than what we saw just two weeks... Continue reading at Engadget

[ Engadget | 2021-08-29 15:44:54 UTC ]
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Mikyla Bruder Steps Up at Amazon Publishing

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[ Publishers Weekly | 2021-06-18 04:00:00 UTC ]
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Amazon Publishing, DPLA Ink Deal to Lend E-books in Libraries

The deal represents a major step forward for the digital library market. Not only is Amazon Publishing finally making its digital content available to libraries, the deal also gives libraries a range of models through which it can license the content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-18 04:00:00 UTC ]
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Amazon Publishing promotes Chebaro and Stiles

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[ The Bookseller | 2021-05-14 16:28:25 UTC ]
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Big Trade Publishers Have a Good Start to 2021

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[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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Amazon Publishing sponsors Capital Crime's 2021 New Voices Award

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[ The Bookseller | 2021-05-05 13:40:42 UTC ]
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World Book Day: Publishers Call for Canada’s Copyright Law To Be Fixed

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[ Publishing Perspectives | 2021-04-25 22:48:58 UTC ]
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‘The big guys are winning’: Digital media budgets prioritize Walmart, Amazon despite a glut of retail media inventory

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[ Digiday | 2021-03-23 04:01:00 UTC ]
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Big Publishing Pushes Out Trump’s Last Fan

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[ The New York Times | 2021-02-07 22:15:06 UTC ]
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[ The Guardian | 2021-01-29 12:00:00 UTC ]
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[ Publishing Perspectives | 2020-08-17 14:51:35 UTC ]
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