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Friday, May 23, 2014

Getting crushe by the B(o)zos of Amazon- lessons for all consumers


http://bits.blogs.nytimes.com/2014/05/23/amazon-escalates-its-battle-against-hachette/?_php=true&_type=blogs&hp&_r=0

Amazon’s power over the publishing and bookselling industries is unrivaled in the modern era. Now it has started wielding that might in a more brazen way than ever before.
Seeking ever-higher payments from publishers
to bolster its anemic bottom line, Amazon is holding books and authors
hostage on two continents by delaying shipments and raising prices. The
literary community is fearful and outraged — and practically begging for
government intervention.


“How is this not extortion? You know, the
thing that is illegal when the Mafia does it,” asked Dennis Loy Johnson
of Melville House, echoing remarks being made across social media.

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