Amazon was using e-book discounting to destroy bookselling, making it uneconomic for physical bookstores to keep their doors open… Two years after the agency model came to bookselling, Amazon is losing its chokehold on the e-book market: its share has fallen from about 90 percent to roughly 60 percent… Brick-and-mortar bookstores are starting to compete through their partnership with Google, so loyal customers can buy e-books from them at the same price as they would from Amazon. Direct-selling authors have also benefited, as Amazon more than doubled its royalty rates in the face of competition… The irony bites hard: our government may be on the verge of killing real competition in order to save the appearance of competition.

– Scott Turow, president of the Authors Guild.