Amazon is involved in a tug of war with publishers and authors. It has been holding certain books hostage by delaying shipping, and limiting customers’ ability to access and order them. The books are those from publishers such as UK’s Hachette, the fourth-largest publisher, Germany’s Bonnier Media Group and Macmillan. Amazon also removed its book discount from titles published by the above, returning the books to list price. In the process, increasing US price to twice what it is asking from UK customers.
Amazon started its business to help customers get access to cheaper books and a large database at their fingertips. It reduced the list price of books which made Amazon become the giant corporation it is now. This also edged out brick-and-mortar bookstores whose books were more expensive of rent tariffs. Amazon’s substantial market share has been giving authors and publishers concerns, as they fear that Amazon could abuse its considerable power – 65 percent of online book sales, both digital and print – one day.