What E-Books Really CostBy Margaret RenklChapter16.org, 20 April 2012
The Justice Department rode in on a white charger last week to defend the American consumer from predatory pricing in the e-book market. The hitch? Justice wasn’t aiming for Amazon, the online goliath that’s selling e-books at a loss to drive sales of its Kindle e-reader (and create a de facto monopoly of the e-book market). No, the target is Apple and five U.S. publishers destined for extinction if Amazon realizes what looks like its ultimate goal: to become an entirely self-contained, in-house publishing industry—Amazon the agent, publisher, distributor, and bookstore. It’s hard not to wonder if, deep in the bowels of its corporate megalopolis, Amazon is beta-testing an e-author, too.