Authors Guild Fires Back at Amazon
Amazon's hypocrisy is breathtaking. It dominates online bookselling and the fledgling e-book industry. At this moment it's trying to cement its control of the e-book industry by routinely selling e-books at a loss. It won't do that forever, of course. Eventually, when enough readers are locked in to its Kindle, everyone in the industry expects Amazon to squeeze publishers and authors. The results could be devastating for the economics of authorship.Amazon, the organization said, will be free to continue its lock on the online distribution of in-print books. Read more about this issue here on TechMeme.