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July 24, 2008

Amazon vs. everybody else

Amazon is looking for a bigger slice of the pie and is ready to bust a cap in the ass of anyone who gets in their way. Big publisher vs. big retailer. It’s like watching two people you dislike have a fist fight. But despite that, excuse me while I go cancel my pending Amazon orders.

A price war is raging between a powerful online bookseller and a leading publisher, with authors caught in the crossfire and losing vital royalties.

Amazon is in conflict with the Hachette Group, Britain’s largest publisher, over terms and discounts and is refusing to sell its titles.

The online bookseller has imposed extraordinary sanctions against the publisher, whose authors include the bestselling writers Stephen King and James Patterson. It is listing Hachette books but preventing the public from purchasing them by removing the “buy new” button from its websites. Titles such as the hardback of King’s Duma Key and Patterson’s The 6th Target have been affected with only “used” copies being offered for sale.

Amazon already buys its books from publishers at half the cover price and is seeking even larger discounts.

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3 comments on “Amazon vs. everybody else”

  1. John McFetridge says:

    The article mentions that the, “price-fixing Net Book Agreement was scrapped in 1997,” and that led to this problem in the UK.

    Anyone know the situation in Canada?

  2. rr says:

    Not a clue about the situation here. I would guess Chapters had a good market share in Canada, both in their stores and online.

    Why don’t the publishing houses just band together and form an OPEC-esque coalition to freeze out Amazon? Whose books would they sell then? It looks like that’s where things are headed anyway. Seems a little short-sighted on Amazon’s part.

  3. richard says:

    Or we could just buy from quality independent bookstores, the way God intended.

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