Amazon E-Books Price-Fixing Class Action
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QC Jan 14, 2021 [en]
U.S. Class Action Complaint
CONSUMER LAW GROUP is investigating a class action lawsuit against Amazon for colluding with the “Big Five” publishers to inflate prices of e-books. The “Big Five” publishers consist of Hachette, HarperCollins, Macmillan, Penguin-Random House, and Simon & Schuster.
Amazon, which controls approximately 90% of the e-book market, has colluded with these book publishers to fix the price of e-books and raise the price of e-books sold through Amazon’s e-book retailer competitors higher than they would be in a legitimately competitive marketplace.
Amazon’s co-conspirators have been involved in similar litigation before – and have apparently failed to learn anything from the experience despite having reached a settlement of $3,175,000 and cooperating against Apple. Now, as the current complaint makes clear, Amazon has stepped into the anticompetitive role once occupied by Apple, and its monopolistic actions have been condemned by regulators.
The result of this conduct is that when consumers shopped around for better prices on a given e-book title, they instead found uniform, anticompetitive pricing across the internet.
Members of the proposed Class overpaid due to an illegal price-fixing scheme.
If you or someone you know has purchased an e-book through an online bookseller other than Amazon.com or Amazon.ca and you wish to obtain more information on potential compensation or to be kept advised of the status of the Amazon E-Book Price-Fixing Class Action Class Action litigation or any resulting compensation resulting therefrom, please provide your contact information to our law firm using the below form.
IF YOU WISH TO JOIN THE CLASS ACTION OR TO SIMPLY GET MORE INFORMATION, PLEASE COMPLETE THE FORM BELOW. Please note that providing your information creates no financial obligation for you. You are not charged any fee or cost for joining this class action. Our law firm is paid a contingency fee from the compensation recovered, only if the class action is successful. All information contained in this transmission is confidential and Consumer Law Group agrees to protect this information against unauthorized use, publication or disclosure.