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2bornot2b

04/01/14 8:28 PM

#176502 RE: theiceman13 #176499

Hadn't realized how dominant Amazon was in certain areas. Looks like NTEK might want to be careful with Amazon and play nicely or Amazon could be eating NTEK's lunch or having NTEK itself for lunch.

"The settlement stems from the landmark lawsuit last year where Apple was found guilty of manipulating the price of ebooks in order to undercut the dominance of Amazon in the digital book publishing market. Estimates have Amazon with nearly 90% of ebook market share in the United States, making it extremely difficult for competitors like Apple, Google and Barnes & Noble to compete. Book publishers have long been worried about Amazon's natural monopoly over ebooks, which prompted them into the price-fixing collusion that has lead to this settlement."

http://readwrite.com/2014/03/25/amazon-customers-win-big-in-ebook-settlement#awesm=~oAeA2eSWkJwWsF
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SurgeGuy2.0

04/01/14 8:35 PM

#176503 RE: theiceman13 #176499

Amazon and NTEK, I like the sound of that!