“The irony bites hard,” Authors Guild President Scott Turow wrote in an open letter. “Our government may be on the verge of killing real competition in order to save the appearance of competition.”
It’s time to take a step back.
Is it possible that amidst the deafening uproar over the DOJ’s suit – the protestations, the criticism, the comparisons – we’re missing the point? That, as much as book lovers love to hate Amazon, the online bookseller – and the Justice Department – may be actually be in the right?
That’s what Thomas Catan argues in a lucid, cogent must-read in the Wall Street Journal titled “Experts Say Government Had Little Choice in E-Books Lawsuit.”
At the root of this criticism is a misperception of the antitrust law, writes Catan.