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Weekly News Digest
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August 20, 2020 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.
CLICK HERE to view more Weekly News Digest items.
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'Publishing Leaders Issuing Warning Over Amazon's Market Power' by Jim Milliot
Jim Milliot writes the following for Publishers Weekly:Three of publishing’s most important organizations have teamed up to write a letter to the chairman of the House Antitrust Subcommittee investigating the market power of Big Tech to press their case that, over the last several years, Amazon’s growing dominance over book publishing and bookselling has fundamentally altered the competitive framework of the industry. If Amazon’s power is left unchecked, the letter continues, competition within publishing could diminish even more. In a joint letter to Rep. David Cicilline (D-R.I.), Maria Pallante, president and CEO of the Association of American Publishers, Mary Rasenberger, executive director of the Authors Guild, and Allison Hill, CEO of the American Booksellers Association, wrote that their members have long relied on a level playing field to publish and sell their works. But today, the letter continued, ‘Amazon no longer competes on a level playing field when it comes to book distribution, but, rather, owns and manipulates the playing field, leveraging practices from across its platform that appear to be well outside of fair and transparent competition.’ For more information, read the article. For Nate Hoffelder’s take at The Digital Reader, click here.
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Brandi Scardilli
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