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.

One thought on “Amazon said to play hardball in book contract talks with publishing house Hachette – The Washington Post”

  1. 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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