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Booksellers and Authors Urge Antitrust Action Against Amazon's Book Monopoly

An US giant Amazon employee passes by its logo on the opening day of the new distribution center in Augny, eastern France, on September 23, 2021.
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Overview

  • A group of booksellers, authors, and activists urged antitrust agencies to investigate Amazon's dominance of the book market.
  • They are concerned about Amazon's ability to promote or bury books, affecting what people read.
  • The FTC is reportedly preparing an antitrust lawsuit against Amazon for violating laws.
  • Amazon has over 40% of the physical book market and 80% of ebooks.
  • Amazon's dominance has contributed to fewer physical bookstores and limited exposure for lesser-known authors.