Credit: Ken Wolter/Adobe Stock Antitrust Class Action Targets Amazon for Alleged Suppression of Authors' Earnings
"The effect of Amazon's anticompetitive conduct is a collection of quintessential antitrust injuries: for authors, the effect is reduced output, total sales, and income. For rivals, the effect is foreclosure of access to the wide range of audiobooks needed to compete effectively. And for consumers, the effect is less choice, less innovation, and less output," the complaint alleges.
June 14, 2024 at 01:28 PM
3 minute read
What You Need to Know
- Hagens Berman filed the class-action antitrust complaint against Amazon on behalf of a self-published author.
- Amazon is accused of harming competition in the audiobook retail distribution market in violation of the Sherman Act.
- Other antitrust complaints against Amazon contain similar allegations.
A new class-action antitrust lawsuit against Amazon accuses the online retail giant of harming competition in the audiobook retail distribution market and depressing the earnings of self-published authors.
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