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Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business

PYMNTS

Connecticut Attorney General William Tong is launching an antitrust probe into how Amazon runs its eBook business, the Wall Street Journal (WSJ) reported on Thursday (Jan. This is Connecticut’s second look into Amazon’s eBook unit. Amazon had a 76 percent market share of all eBooks sold in the U.S.

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Amazon eBook Sales Explode In September

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Amazon saw massive growth in its eBook sales in the month of September, with sales growing by $32 million (or 73 percent) over August’s sales. The information comes from the pricing vendor One Click Retail that tracks pricing on millions of Amazon products daily.

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Today In Payments: CT AG Launches Antitrust Probe Into Amazon’s eBook Business; Petco’s $864 Million IPO Beats Forecasts

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In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business. New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’. Plus, Grab Financial raised $300 million.

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Walmart Launches eBook Service To Take On Amazon

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Walmart announced Wednesday (August 22) the launch of its new eBook service dubbed Walmart eBooks by Rakuten Kobo, which provides customers with access to an all-new digital catalog of books in the stores and online. The move on the part of Walmart comes as its trying to take on Amazon.com in the retail market.

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The Empowered Consumer

Across the retail sector, organizations are facing a new challenge in the form of the empowered consumer. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers with strategies such as: Hyper-personalization by targeting ads to the needs of the individual consumer.

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How Scribd Turns The Page On eBook Subscription Fatigue

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Online retail giant Amazon is reportedly developing a cloud-based video game streaming service, which will allow users to access video games from their smartphones instead of through a gaming console or computer. In an effort to do away with this type of friction, eBook platform Scribd is allowing subscribers unlimited access to its catalog.

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Walmart Teams Up With Rakuten To Offer 6 Million eBooks, Grocery Delivery

PYMNTS

Walmart has entered a partnership with the largest eCommerce retailer in Japan, Rakuten. The collaboration between Walmart and Rakuten will focus on online grocery delivery in addition to eBooks, industry news source Chain Store Age reported. In an effort to better compete with Amazon in Asia and the U.S.,

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