Authors and booksellers urge Justice Department to investigate Amazon

The First Art Newspaper on the Net    Established in 1996 Wednesday, May 8, 2024


Authors and booksellers urge Justice Department to investigate Amazon
An Amazon Fulfillment center on Staten Island in New York, May 15, 2019. With mounting signs that the Federal Trade Commission is preparing to file a lawsuit against Amazon for violating antitrust laws, a group of booksellers, authors and antitrust activists are urging the government to investigate the company’s domination of the book market. (Hiroko Masuike/The New York Times)

by Alexandra Alter



NEW YORK, NY.- With mounting signs that the Federal Trade Commission is preparing to file a lawsuit against Amazon for violating antitrust laws, a group of booksellers, authors and antitrust activists are urging the government to investigate the company’s domination of the book market.

On Wednesday, the Open Markets Institute, an antitrust think tank, along with the Authors Guild and the American Booksellers Association, sent a letter to the Justice Department and the Federal Trade Commission, calling on the government to curb Amazon’s “monopoly in its role as a seller of books to the public.”

The groups are pressing the Justice Department to investigate not only Amazon’s size as a bookseller, but also its sway over the book market — especially its ability to promote certain titles on its site and bury others, said Barry Lynn, the executive director of the Open Markets Institute, a research and advocacy group focused on strengthening anti-monopoly policies.

“What we have is a situation in which the power of a single dominant corporation is warping, in the aggregate, the type of books that we’re reading,” Lynn said in an interview. “This kind of power concentrated in a democracy is not acceptable.”

The letter, addressed to Lina Khan, the chair of the Federal Trade Commission, and Jonathan Kanter, who leads the Justice Department’s Antitrust Division, comes as the FTC appears to be closing in on its decision to bring an antitrust case against Amazon. Amazon representatives are expected to meet this week with members of the commission to discuss the possible suit, a sign that legal action may be imminent.

Amazon did not immediately respond to a request for comment.

It is still unclear whether the government’s case will scrutinize Amazon’s role as a bookseller as part of its investigation of the company. While Amazon got its start nearly 30 years ago as a scrappy online bookstore, it has since mushroomed into a retail giant that has gained a foothold in other industries, with its expansion into cloud computing and its purchase of the grocery chain Whole Foods and the movie studio Metro-Goldwyn-Mayer.

Even as books have become a smaller slice of the company, Amazon has become an overwhelming force in the book market. It accounts for at least 40% of physical books sold in the U.S., and more than 80% of e-books sold, according to an analysis released by WordsRated, a research data and analytics group. With its purchase of Audible in 2008, Amazon has also become one of the largest audiobook producers and retailers.

The effects of the site’s rise have been profound, Open Markets Institute and the other groups argued, contributing to a steep decline in the number of physical bookstores across the United States, and leaving publishers and authors beholden to the site.

Amazon also has influenced which books readers are exposed to and buy, and has made it more challenging for lesser-known authors to gain exposure on the site, while blockbuster authors and celebrities whose books are likely to sell well are prominently featured.

Some antitrust experts are skeptical that Amazon’s role as a bookseller merits government scrutiny. Erik Gordon, a professor of business at the University of Michigan who studies antitrust, said that while the company’s dominance in the book world might be an element of an overall antitrust suit, the FTC will likely focus elsewhere.

“There’s not a great case against Amazon with respect to their book-selling practices,” he said. “Many publishers and authors are making more money than they would have without Amazon.”

Amazon has already been a target of the Biden administration’s stringent regulatory efforts, as it has sought to rein in tech giants like Amazon, Google and Meta.

In June, the FTC brought a separate case against Amazon that argued the company had manipulated users into signing up for its Prime membership program and made it hard for them to get out of it.

The Justice Department has also shown an interest in preventing the consolidation in the book market. Last year, a judge sided with the Biden administration in an antitrust case and blocked Penguin Random House from acquiring its smaller rival Simon & Schuster.

After the deal collapsed, some in the industry saw Amazon as the next logical antitrust target.

Allison Hill, chief executive of the American Booksellers Association, said that she was hopeful that the government was taking a serious look at Amazon’s role in the book world.

“Amazon has been unchecked for so long that our fight for a level playing field has become moot,” she said. “Amazon owns the playing field.”

This article originally appeared in The New York Times.










Today's News

August 17, 2023

La Belle Epoque Auction House announces "The Sizzling Summer" sale

Orlando Museum accuses ex-leader of seeking profit from fake Basquiats

Eli Wilner & Company frames two important Monet paintings for the collection at Biltmore House

First Thomas Demand retrospective in Israel now on view

A dormant dome for cinephiles is unsettling Hollywood

Authors and booksellers urge Justice Department to investigate Amazon

Sculpture Milwaukee announces esteemed artist and gallerist John Riepenhoff as new executive director

"Love: Still Not the Lesser" opens today at Museum of Contemporary Photography

42 BC coin marking assassination of Julius Ceasar sells for $240,000

The Metropolitan Opera Guild will wind down amid financial woes

Julia diLiberti, PH.D. - "Soup Can Can't: Warhol and The Unraveling of Art" at the MAC

How library cards became the Jay-Z merch of the moment

6 ways to experience Athens like a local

At Tanglewood, the Boston Symphony displays its Heritage and uncertain future

In Ireland's 'Forgotten County,' a tiny inn does it right

They review movies on TikTok, but don't call them critics

Sullivan+Strumpf debuts first Melbourne solo exhibition of LA-based First Nations artist Jemima Wyman

Andréhn-Schiptjenko to present first solo exhibition by Matts Leiderstam in Stockholm

Dovecot Studios celebrates the cultural legacy of 'The Monarch of the Glen'

"Emancipation: The Unfinished Project of Liberation" opens at Newcomb Art Museum

Tolarno Galleries now featuring work by Brendan Huntley

Svigals + Partners blends modern style with magnetic warmth in new research headquarters

Speed Art Museum to transform grounds into three-acre public sculpture park and community gathering space

Common Summertime Injuries (Related To Car Accidents)

Family law attorney- 5 ways they can help in child custody cases

Planning To Buy a House? Here are Ways to Keep Your Finances Ready

Unleashing Creativity with Animation Software: Drawing Made Effortless

Why Hard Assets Alliance is the Future of Precious Metal Investing

How Many Ounces In A Water Bottle

Gamingcy: The Gold Standard in Online Gaming Boosting Services

Villas for Sale in Dubai Without Service Fees




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

sa gaming free credit
Attorneys
Truck Accident Attorneys
Accident Attorneys

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site Parroquia Natividad del Señor
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful