Full news story on Indie Publishers Back Agency Model, Criticize DoJ Deal.
Indie Publishers Back Agency Model, Criticize DoJ Deal
Jun 26 2012
Nine independent publishers have combined to file joint comments objecting to the pending settlements of the Department of Justice's lawsuit with Hachette, HarperCollins, and Simon & Schuster related to e-book pricing. The publishers noted that while they continue to sell e-books under the wholesale model, they have "benefitted significantly"--along with authors, booksellers and consumers,-- from the ability of the Big Six publishers to adopt the agency pricing model with Amazon, since those arrangements, "contributed dramatically to increased competition and diversification in the distribution of e-books."
British Parliament asks Amazon to clarify why it pays $9 million in income tax on $23 billion of UK sales.(May 20 2013) Amazon will be called back to give further evidence to members of the British Parliament "to clarify how its activities in the U.K. justify its low corporate...