Scott Turow on CBC News: “difficult to comprehend Justice Department’s seeming approval” when Amazon’s “aim was clearly to monopolize the e-book market”

In an eight-minute segment on the Canadian Broadcasting Corporation’s nightly CBC News that aired yesterday, Scott Turow discussed Amazon’s tactic of selling bestselling e-books at a loss to lock up a 90% share of the e-book market.  He also took aim at publishers, saying “there should be a 50% royalty on net proceeds” for e-books, following established practices for the industry.  (See E-Book Royalty Math: The House Always Wins and The E-Book Royalty Mess: An Interim Fix for discussions of e-royalty rates.)

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