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| Hearsay: |
After trying its hand at market monopoly, extorsion, and several other forms of more generalized douchery, Amazon returns to its corporate roots: bullying.
But now the company has told the shops they cannot sell books cheaper anywhere else online, even on their own websites. It has issued an ultimatum saying that unless the stores sign up to a new agreement by Wednesday they risk being delisted.
Up to a dozen stores have now complained to the OFT that Amazon’s actions are unfairly restricting their ability to sell books to customers at lower prices.
Books typically sell for 10 per cent less on some alternative websites – as Amazon charges fees for its services – but the company says it has been forced to act to protect its low-price promise to readers.
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March 31st, 2010 at 6:46 am
If things are so bad why don’t the big publishing houses collude to pull their books from Amazon? Sure they would take a hit at first, but who would feel it more? Most of Amazon’s business is selling books. If they don’t have any to sell then they might change their business tactics. At least there are still brick and mortar bookstores out there for publishers to peddle their books.