Saturday, November 1, 2014

Foes want probe, but antitrust law favors Amazon

Doesn't look bad to me.
Panzer was tootling around in the Catosphere and he found a post he missed a couple of days ago.

According to Jay Greene at The Seattle Times newspaper site, it may be harder to prove Amazon is a monopoly than The New Republic magazine's Franklin Foer and Authors United's Douglas Preston might think. Mr. Greene addresses two salient points against Mr. Foer and Mr. Preston's assertion that Amazon is a monopoly. First: there is no argument that Amazon is the biggest dog in the pen ... but ... there are other dogs in there too. Second: the argument that Amazon causes harm to consumers is refuted by the fact Amazon wants to lower the prices of ebooks to the consumers.

Panzer says, "Lower prices makes sense to me."

To read the full post, tootle over to Foes want probe, but antitrust law favors Amazon | Business & Technology | The Seattle Times

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