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Booksellers and Authors Urge Antitrust Action Against Amazon's Book Monopoly

  • A group of booksellers, authors, and activists urged antitrust agencies to investigate Amazon's dominance of the book market.
  • They are concerned about Amazon's ability to promote or bury books, affecting what people read.
  • The FTC is reportedly preparing an antitrust lawsuit against Amazon for violating laws.
  • Amazon has over 40% of the physical book market and 80% of ebooks.
  • Amazon's dominance has contributed to fewer physical bookstores and limited exposure for lesser-known authors.
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