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Amazon hit with class-action lawsuit over eBook value fixing | The Categorical Tribune

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Amazon was slapped with a class-action lawsuit on Thursday accusing the e-commerce big of inflating the costs of ebooks in collusion with some publishers.

The lawsuit alleges that Amazon and the 5 largest US publishers, collectively referred to as the ‘Huge 5’, agreed to cost restraints that trigger shoppers to overpay for eBooks bought from them via a retail platform apart from Amazon.

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The lawsuit comes a day after Connecticut mentioned it was investigating Amazon for doubtlessly anti-competitive conduct in its enterprise promoting digital books.

Amazon declined to remark.

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About 90% of eBooks are offered via Amazon, the most important US eBooks vendor, the lawsuit claimed.

Regulation agency Hagens Berman, bringing the case, in 2011 filed the same lawsuit towards Apple and the ‘Big Five’ over book costs.

In December, greater than 400 lawmakers from 34 nations have signed a letter to Amazon.com Inc boss Jeff Bezos backing a marketing campaign that claims the tech big has “dodged and dismissed … debts to workers, societies, and the planet,” organisers mentioned.

 

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