Amazon and the publishers allegedly “agreed to price restraints that cause consumers to overpay for eBooks purchased from them through a retail platform other than Amazon.com.” Close to 90% of all eBooks are sold via Amazon. Representatives from the company had no comment on the suit.
Estimated reading time: 0 minutes, 22 seconds
Amazon Accused of Collusion with 'Big Five' Over eBook Sales
Amazon.com was hit with a class-action lawsuit accusing it of “colluding” with top publishers to inflate eBook prices. So reports Reuters.
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