Amazon Defends Its Tactics In Its Battle With Hachette

The e-tailing giant makes a rare public statement to say they're not trying to screw individual authors and remind indignant readers that underdog Hachette is "part of a $10 billion media conglomerate."

Shipping delays. Unusually high prices on titles. Books suddenly banished to the realm of "unavailable." Since early May, authors and outsiders have noticed Amazon seemingly putting the squeeze on Hachette, in an attempt to strong-arm the publisher and secure better profit margins--as the e-tailer is wont to do.

Read Full Story