Why is Amazon bullying book publishers?

Four smart takes on this heavyweight fight

Amazon
(Image credit: (AP Photo/Reed Saxon))

"Amazon is confirming its critics' worst fears," said Farhad Manjoo at The New York Times. While the online retailing giant "has marketed itself as a book buyer's best friend," the company's escalating dispute with publisher Hachette is revealing its true colors. "In an effort to exert pressure on Hachette," Amazon has started using some "hardball tactics," raising prices on Hachette titles, removing preorder buttons for upcoming books, and even increasing shipping times from a few days to weeks. Critics have long feared the impact on publishers, authors, and customers once Amazon monopolized the book industry, and now Amazon is "walking right into its detractors' predictions." But it won't be long before the retailer's tactics backfire, inviting bad PR, "scorn from the book industry," and perhaps more government oversight. And then there's the cardinal sin: upsetting customers. While Amazon founder and CEO Jeff Bezos "has long pointed to customer satisfaction as his North Star," his actions of late look like those of a man who puts the bottom line above customer service.

I don't know about that, said Richard L. Brandt at Time. While Amazon's tactics might seem "ruthlessly self-serving," they may benefit customers — and even publishers — in the long run. Rumor has it that the current spat with Hachette revolves around Amazon's efforts to slash e-book prices. If true, Bezos may be looking out for the little guy after all, since lower prices will boost e-book sales. And since the product has "no paper, printing, or shipping costs," those sales "would translate into an almost pure profit increase, for Amazon, publishers, and authors." Its methods may seem harsh, but Amazon understands that e-books are the future of publishing. "If traditional publishers are smart enough to capitalize on that trend, everyone will come out ahead."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up

Sergio Hernandez is business editor of The Week's print edition. He has previously worked for The DailyProPublica, the Village Voice, and Gawker.