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Tumult in the book world

from The New York Times

Bookselling is an industry suffering through the tribulations of digital transformation as e-books and Amazon have upended longstanding business models and put new emphasis on price. Enter the Justice Department and a judge who agreed in a stunning decision last month that five publishers and Apple, a new entrant in the field of bookselling, conspired to fix prices as they tried to constrain a deep-pocketed competitor, Amazon, from controlling the market with unsustainably low prices. more


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