By Porter Anderson, Editor-in-Chief | @Porter_Anderson

‘Extraordinary Leverage’

In a letter provided to Publishing Perspectives this morning (August 17), three leading American publishing industry professional organizations tell the House of Representatives’ Antitrust Subcommittee that “a few tech platforms in the digital marketplace” wield “extraordinary leverage over their competitors, suppliers, customers, the government, and the public.

“Regrettably,” they write, “as the subcommittee’s hearings have laid bare, the competitive framework of the publishing industry has been fundamentally altered in recent years—and remains at serious risk of further diminishment—because of the concentrated power and influence of one company in particular: Amazon.”

The letter is written to Rep. David Cicilline, Democrat of Rhode Island, who chairs the subcommittee, which is house

d under the House Judiciary Committee. READ MORE HERE