A Natural Monopoly

Creative Commons License
This work is distributed under a
CC BY-NC-SA 4.0 License.

Comic Transcript

JIM WASHINGTON: It was a war that most people didn’t notice: Online retailer Amazon.com pulled all of Macmillan Publishing’s stock — physical books, e-books, everything — because Macmillan wouldn’t agree to a price cap of just under ten dollars for e-books sold on the site.

JIM WASHINGTON: Ultimately Macmillan was victorious: Amazon agreed to Macmillan’s price terms. Amazon released a statement explaining their decision stating “We will have to capitulate and accept Macmillan’s terms because Macmillan has a monopoly over their own titles.”

JIM WASHINGTON: In response to this statement, the entire world blinked in confusion, shrugged, then moved on to speculating over whether the iPad would make Netbooks obsolete.

NEWS TICKERTAPE: Breaking: Amazon accuses Barnes & Noble of having a monopoly over its own stores :: “Owning every single B&N store is anticompetitive” Bezos says

Leave a Reply

Your email address will not be published. Required fields are marked *