Amazon Tightens The Squeeze On Hachette

"What we are seeing is a classic case of muscle-flexing."

Amazon's standoff with Hachette escalated this week as the world's largest online bookseller stands accused of making it harder to buy books from Hachette imprints. The New York Times reports that Amazon is allegedly resorting to strong-arm tactics to negotiate a better profit-sharing deal, as Wall Street hounds Bezos & Co. to institute better margins.

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Published on May 23, 2014 11:14
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