Authors And Booksellers Do Not Trust Amazon
Amazon is enjoying a good time but publishers and authors are not satisfied.
It is now a moment of glory for Amazon.com Inc., as it has observed another breakthrough where its stocks have succeeded in making a mark recently. Amazon stocks are now priced at $12/. Consequently, the company has initiated a sale to commemorate its 20th anniversary where people are extremely excited to make their purchases and the media is giving a good share of coverage as well.
Many people have now literally forgotten that Amazon has been facing losses but are more focused on its short-term growth. The season is jovial and this has given birth to the literary masses, which now call Amazon as a bully that is now trying to make its monopoly.
Five years ago, Amazon forces regulators to instigate the publishers who were dominating the industry. This resulted in the restriction of laws in the ecommerce world. So now, various groups that raise voices for authors, publishers, and booksellers are registering their complaint to the United States Department of Justice. The reason behind these complaints is that they believe Amazon is involved in the violation of antitrust laws.
The theft of a page from the retail giant, which currently motivates the regulation, will benefit them in terms of the demand of customers. According to the group, their major concern is about the persistence of culture and the freedom of expression more than anything else.
Many big organizations, such as the American Booksellers Association, Authors United, The Authors Guild, and the Association of Authors’ Representatives, mentioned in statements and letter that were being circulated to the Department of Justice this week stated, “Amazon has used its dominance in ways that we believe harm the interests of America’s readers, impoverish the book industry as a whole, damage the careers of (and generate fear among) many authors, and impede the free flow of ideas in our society.”
The Department of Justice and spokesperson from Amazon did not respond to the allegation. However, requests to comment have been submitted since a while now. Previously, Amazon stressed that books are still with the company and they are still under care. By lowering the prices, they will be able to ensure that the reading culture experiences a boost.
Amazon’s philosophy is not wrong or evil, but the literary organizations have a valid point too. Once this all is sorted, the retail giant can certainly take advantage of its moments of glory. It must not ignore the concerns of publisher, authors, and readers alike.
