At least, that certainly seems to be the case.
Department of Justice appears to have settled with publishers in the ebook pricing case. What does this mean for the future of ebooks?
Apple has also said in court papers that the government’s suit “sides with monopoly, rather than competition,” by shoring up Amazon’s early advantage in electronic books.
A civil trial for Apple is scheduled to begin in June.
Bookseller Barnes & Noble Inc has sided with Apple, telling the federal court that it, too, is concerned about a monopoly by Amazon.
This is another issue with ebook pricing. Amazon is already an egotistical monopoly in the book world. Rather than going to a local or independent bookstore, customers rush to Amazon because it’s “cheaper.” Then those same customers complain about bookstores closing. How does one fix this? Utilize the local bookstore!
Writers are worried about not making enough money on their books because of this monopoly. They know customers want small prices, and ordering through Amazon completely cuts out the royalties for authors and all their hard work. So now authors have turned to self-publishing ebooks, as they can still make money off ebooks.
BUT NOW Amazon is trying to sell “used” ebooks, which is not actually a thing AND it cuts out royalties for authors once again!
Obviously this post veered off-topic, but as a reader, who do you support? Do you want to support the writers and editors who work so hard to make good quality books for you to learn from and enjoy? Or do you want to feed a monopoly that is actually killing the industry?
Some food for thought. Back to the DOJ deal…