The class action lawsuit brought by independent booksellers has gotten Amazon and the six largest trade publishers to agree on something: they all think the suit is without merit and should be dismissed. Since the suit appears to be a proxy action against Amazon’s market power more than anything else, their reply is likely of more interest. Amazon argues that in the ebook pricing suits Judge Cote already “determined that complaints by ‘industry stakeholders like bookstores’ about harm from Amazon’s low prices and innovations were not the basis for a legitimate antitrust claim.” Amazon turns their reply into a celebration […]