InsideMobileApps InsideSocialGames 10,000 Words FishbowlNY FishbowlDC LostRemote TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

Author’s Guild Attacks Amazon for Predatory Pricing

The Author’s Guild is taking on Amazon. In a blog post on its site today, the organization argues that Amazon is building an anticompetitive ecosystem that will hurt the book publishing industry.

For example, the guild claims that Amazon’s ability to take a loss on eBook sales is hurting their value. Here is more from the post: “Amazon had deployed its buy-button removal weapon before, but never so publicly, never on such a massive scale, and never (to our knowledge) as a means of shielding its ability to use a separate anticompetitive tactic: its practice of routinely selling e-books at a loss. Such practices, commonly known as predatory pricing, are a means of using superior capital resources not to innovate nor to provide better service, but to weaken or eliminate competition.”

eBookNewser has more: “The Guild is concerned that Amazon’s innovation could hurt the industry. The blog explains, ‘those who capture a market tend to be a bit rough on other participants in the market. They also tend to stop innovating.’”

Mediabistro Course

Nonfiction Book Proposal

Nonfiction Book ProposalStarting September 4,work with a literary agent to complete a full proposal that wins an agent and a contract! Ryan Harbage from The Fischer-Harbage Agency, Inc. will teach you how to convey your idea in a winning book proposal format, write your proposal letter, understand the nuts and bolts of the nonfiction book industry, and more. Register now!