1 More Reason to Fear Amazon.com, Inc. (AMZN)? – Apple Inc. (AAPL), Netflix, Inc. (NFLX)

Page 1 of 2

Amazon.com, Inc. (NASDAQ:AMZN) already dominates online retailing.

But the e-tailer may be aiming for an even stronger competitive position on the web. In a bid to grab extra Internet real estate, Amazon.com, Inc. (NASDAQ:AMZN) has once again got rivals crying foul with allegations of monopoly building. And book authors are joining in with complaints against the retailer, too.

Fool me once
Amazon.com, Inc. (NASDAQ:AMZN) already irked writers with its recent move to explore launching a secondhand market for used e-books. It appears to be competing with Apple Inc. (NASDAQ:AAPL) in a race to see who can create a better platform for used digital products. That makes sense, as whichever company solves the tricky rights issues around digital content will be rewarded with a stronger ecosystem supporting their hardware sales.

Amazon.com, Inc. (NASDAQ:AMZN)Apple Inc. (NASDAQ:AAPL)’s iStuff would be more valuable to users if the ownership rights to downloaded stuff, such as songs and movies, becomes more flexible. And Amazon.com, Inc. (NASDAQ:AMZN)’s e-reader and tablet lineup would be more useful if customers ever get the freedom to trade in their used e-books after reading them.

Still, even if the digital marketplace that Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN) imagine would be a nirvana for consumers, authors aren’t impressed. They’re worried they could lose pricing power for their creations.

What’s in a name?
And now writers have another bone to pick with Amazon.com, Inc. (NASDAQ:AMZN) – this time over web domain names.

Amazon.com, Inc. (NASDAQ:AMZN) has been bidding on a host of new website domains, which are set to be given out soon by ICANN, the official keeper of web monikers. On the list of controversial titles that Amazon wants are the “.book,” “.read,” and “.author” domains. Whoever controls those domain names would have the power to box out competitors from potentially attractive web domains like, say, www.adventure.book.

The Authors Guild cried foul over the process last week, complaining that Amazon’s attempt to tie up those terms is “anticompetitive.” Barnes & Noble, Inc. (NYSE:BKS) is on the same page. The bookseller urged ICANN to keep those domain names out of Amazon’s hands so that the company couldn’t use them to “stifle competition in the bookselling and publishing industries.”

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!