Publishers and Booksellers See a ‘Predatory’ Amazon – National Public Radio – Lynn Neary
Publishers have long complained about Amazon’s pricing policies; it sold e-books at cut-rate prices in order to win customers for the Kindle. Now, explains Joe Wikert, general manager and publisher at O’Reilly Media, Amazon is undercutting competitors by selling e-readers, like the new Kindle Fire, at a loss.
Amazon has power, yes. What we don’t know is how long they can hold that power.