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January 15, 2021
A putative class of book buyers hopes to hold Amazon.com, Inc. and five co-conspiring publishers accountable for allegedly colluding to fix eBook prices, according to a complaint filed on Thursday. The restrictive agreements entered into by Amazon and its cohorts, the plaintiffs allege, had the intent and effect of injuring consumers by eliminating the price competition in the market for eBooks, partly by virtue of Amazonâs âstrangleholdâ over online book distribution.
The complaint states that Amazonâs retail platform is responsible for more than 50% of all retail books and almost 90% of all eBook sales nationwide. Purportedly, the plaintiffs are three consumers from different states who routinely purchase eBooks through booksellersâ online platforms, like Amazon, Barnes & Noble, Kobo, and Apple Books.