Amazon is facing multiple antitrust class action lawsuits alleging monopolistic practices in the audiobook market. Authors claim higher distribution fees for not using Amazon's platform exclusively. The FTC has also sued Amazon for keeping prices high to deter competitors.
Amazon is facing a proposed class action accusing it of monopolizing the retail market for audiobooks. The lawsuit said that Amazon violated antitrust law charging higher distribution fees for writers who do not exclusively use its platform https://t.co/2igAFZRRn4 https://t.co/bQFOjHW8NO
"FTC has sued Amazon on antitrust grounds, saying it keeps prices too high to keep out competitors... This is the opposite of past antitrust arguments against Amazon, which were that it prevented competition by keeping prices too low, a practice called 'predatory pricing.'" https://t.co/MpofwmRwBJ
Amazon is facing a proposed class action claiming it has monopolized the retail market for audiobooks, leading authors to overpay for the distribution of their works @MikeScarcella https://t.co/qPccr2mCvl https://t.co/PXRLqtOmxj
A proposed class action from author Christine DeMaio, who publishes under the name CD Reiss, said Amazon is violating US antitrust law by charging higher distribution fees for writers who do not exclusively use the e-commerce giant’s audiobook platform https://t.co/HNS1mvaeoN https://t.co/oH05n8MHey
Amazon Accused of Monopolizing Audiobook Market in Antitrust Class Action https://t.co/oRAJPj0DLG
Antitrust Class Action Targets Amazon for Alleged Suppression of Authors' Earnings https://t.co/Qyv2Eiahq8