Wednesday, April 11, 2012

3 of Agency 5 Settle With DOJ

Publishers Weekly has the early line on the settlement -- as usual, subject to revision as more details are released.

And, yes, the DOJ has now essentially just handed Amazon a loaded gun and dared them to shoot it at every other book retailer. I'll admit that I was hoping the Obama DOJ would actually prosecute anti-trust cases, unlike their predecessors, but I never expected them to act deliberately to strengthen the strongest player in an already lopsided market. For shame.

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