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.

amazonAmazon 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.

Read the full article from Reuters.

Read 1497 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.