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updated 06:55 PM EDT 03.22.12
Authors Guild: DOJ suit vs. Apple may give Amazon free rein
A possible DOJ antitrust lawsuit against Apple and book publishers may swing too much power towards Amazon, Authors Guild president Scott Turow said in the combination of an open letter and editorial Wednesday. He likened Amazon to a "Darth Vader" for Bloomberg, calling it a very successful company but a "frequently unscrupulous" firm. Until Apple's entrance and demands for an agency model in the iBookstore, where publishers set the prices, Amazon was pricing Kindle e-books below cost, both accelerating the death of physical bookstores and making it difficult for other e-bookstores to fairly compete.