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Wednesday, October 22, 2014

Monopsony, Amazon, Colbert, and you.

Oh, Amazonia... :/

Amazon closes a contract with one major book publisher (not that one, though) via Melville House.  (Storystream of the Hachette-Amazon battle at the Verge.)

Do I believe the worst of Amazon?  Yep.  I know I'm not alone.

So does Stephen Colbert.  No, really.  Back in June, he replied to them on his show:  Amazon vs. Hachette and with Sherman Alexie (see the Verge).  Because Stephen's a Hachette author.

Paul Krugman explains in Amazon’s Monopsony Is Not O.K. at the NYT.

Of the many great links Paul has in his op-ed, there is the New Republic's Amazon Must Be Stopped: It's too big. It's cannibalizing the economy. It's time for a radical plan.

Which tells you a lot right there.  But you read it to see all the scary bits yourself.