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US: Amazon, Hachette make nice without antitrust intervention

By  |  November 16, 2014

Publishing giant Hachette has reportedly reached an agreement with Amazon over book pricing disputes, and the matter was resolved without antitrust intervention, as several consumer advocates had called for.

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    The companies announced late last week that Hachette has won its fight to control setting pricing of its products on Amazon. The retailer, in protest of that right, had deliberately delayed deliveries and removed the ability for consumers to pre-order of Hachette titles.

    The dispute dragged on for nearly a year, and several consumer advocates and some of Hachette’s most popular authors called for antitrust intervention, claiming Amazon was abusing its market dominance and bullying the publisher. But authorities, which had settled its own dispute with Apple over the pricing of eBooks, declined to investigate.

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