Amazon.com has become embroiled in a controversy regarding pricing on Kindle books. The issue arose when several book publishers faced a class action lawsuit from the Attorney General about price-fixing on ebooks. Price fixing is considered to be anti-competitive activity that undermines the power of free markets. Thus, it has been illegal as part of the mandate the U.S. government has to promote free competition, for nearly 100 years. The publishers, however, have essentially placed the blame on Amazon. The company is now working with the publishers to deliver refunds to consumers, who were judged to have overpaid for their Kindle books.
Lynn (2012) notes that Amazon has a dominant position in the ebook market, in part because of the success of its Kindle e-reader, but also because it has become the dominant bookseller in general in the United States. Amazon is using its bargaining power as the dominant retailer in the industry to set prices in the market, something that contravenes the spirit, if not the letter, of the antitrust legislation enforced by the Department of Justice.
The Amazon case did not emerge in isolation. In July, Apple was found to also have colluded with five major publishers with respect to e-book pricing. The two cases were tried independently, but in both instances it was found...
Lululemon Athletica, Inc. Company & Financial Analysis w/ Recommendations Part 1 Strategic Performance Lululemon Athletica, Inc. was founded in 1998 and is headquartered in Vancouver, Canada. Lululemon Athletica operates under the Textile—Apparel Clothing classification in the U.S. and its shares are publicly traded on the Nasdaq under the ticker symbol LULU. The company currently employs approximately 12500 people and has risen back from a 2013 controversy in which the yoga-wear apparel maker was
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