Search

AMAZON GOT SUED FOR HIGH BOOK PRICES

... stated that back in 2015, Amazon became a conspirator along with major book publishers such as Hachette, HarperCollins, Macmillan, Penguin Random House and Simon & Schuster. Business Insider reports that by means of such a conspiracy, the prices of e-books were raised by 30%. For Amazon, this meant huge profits, as the corporation controlled 90% of the e-book market in 2018. Amazon has been found to have committed antitrust violations before. However, Apple was previously involved in collusion with the aforementioned publishers ...

Sorted by relevance | Sort by date