From The Hill’s “Amazon hit with antitrust lawsuit alleging e-book price fixing” posted Thursday:
Amazon is accused of fixing the price of e-books sold on the e-commerce site through anticompetitive agreements with the nation’s top five publishers, according to a complaint filed Thursday…
The lawsuit was filed the same week Connecticut Attorney General William Tong (D) said his office has an “active and ongoing antitrust investigation” into Amazon over “potentially anticompetitive terms in their e-book distribution agreements with certain publishers.”
Connecticut was among the states that had previously filed a lawsuit against Apple over competition in e-book sales. The Justice Department also sued Apple in 2012 alleging it conspired with major publishers over the pricing of e-books.
My take: Ah, the irony. BTW, I’m told that Amazon had to be dragged kicking and screaming to accept the publishers’ terms in 2015.
See also: Apple’s E-Book Battle: I Was Wrong