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.