Amazon said to play hardball in book contract talks with publishing house Hachette – The Washington Post

http://www.washingtonpost.com/business/economy/amazon-said-to-play-hardball-in-book-contract-talks-with-publishing-house-hachette/2014/05/16/cdd40854-dc62-11e3-8009-71de85b9c527_story.html

Quotes/Excerpts:

What makes the dispute between Amazon and Hachette different is that Amazon’s tactics have no obvious consumer benefit, a key antitrust consideration.

The group “deplores any attempt by any party that would seek to injure and punish innocent authors — and their innocent readers — in order to pursue its position in a business dispute. We believe that such actions are analogous to hostage-taking to extort concessions, and are just as indefensible.”  — Gail Hochman, president of the Association of Authors’ Representatives

What kind of entity in a competitive market would willfully drive customers into the arms of its competitors unless it believes it doesn’t really have any competitors? Can you imagine Best Buy refusing to deliver for a period of weeks what’s available from its competitors? But Amazon behaves as though they’re the only game in town. And increasingly they are. It’s a head-scratcher why anyone with regulatory authority would tolerate it. If this is not an example of untoward power, I don’t know what is. — Scott Turow, a Hachette author and former president of the Authors Guild and a lawyer.

As a reader, I enjoy low prices but I don’t want prices so low that the authors finally decide it’s not worth it and quit writing.

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About mossjon314159

Avid reader (see my book reviews and ratings here), amateur astronomer and photographer, sporadic crocheter and Rottweiler spoiler.
This entry was posted in Mutterings, Publishing and tagged , , , , , . Bookmark the permalink.

One Response to Amazon said to play hardball in book contract talks with publishing house Hachette – The Washington Post

  1. andreart2013 says:

    Reblogged this on As a Matter of Fancy and commented:
    The shakeout–or is it shack down?–in the book publishing and distribution industry continues.

    When monopolies win, sooner or later the customer loses.

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