DRM Lawsuit Filed By Independent Bookstores Against Amazon, "Big Six" Publishers 155
concealment writes "Three independent bookstores are taking Amazon and the so-called Big Six publishers (Random House, Penguin, Hachette, HarperCollins, Simon & Schuster and Macmillan) to court in an attempt to level the playing field for book retailers. If successful, the lawsuit could completely change how ebooks are sold. The class-action complaint, filed in New York on Feb 15., claims that by entering into confidential agreements with the Big Six publishers, who control approximately 60 percent of print book revenue in the U.S., Amazon has created a monopoly in the marketplace that is designed to control prices and destroy independent booksellers."
Re:High or Low? (Score:3, Informative)
No ad hominem meant. It was supposed to be a light-hearted joke but everyone's so sensitive these days that everything's offensive to someone. And I'll be 50 this year so get off my lawn.
So when they actually do something, that is the time to catch them. Basic principle of justice - you can't punish someone for something they haven't done yet.
They are being accused of doing something now. It's called predatory pricing [wikipedia.org]. It's illegal for a business with a dominate position to routinely sell a product under cost in order to drive competitors out of the market (or keep them from entering).
Now, whether it should be is a topic for a different argument about economic systems.
In Europe, from what I understand, anti-trust laws are meant to protect competitors and here they're meant to protect consumers. As the linked page above says, since it's consumers that are supposed to be protected and not rivals, there's a high bar to winning these complaints.
Re:Raise the price of books and see a mass exodus (Score:3, Informative)
You've obviously never tried to do anything even slightly interesting in EPUB. If you attempt drop caps and you want consistent rendering, you'll tear your hair out literally for months.
Here's a short list of the reader bugs that I've found personally: