Saturday, July 30, 2011

Amazon.com Moves Closer to Acquiring a Major British Rival - NYTimes.com

Check the article link below for more details

Amazon.com, which has an estimated 70 percent of the online book market in Britain, got closer this week to controlling the rest of it when the Irish Competition Authority approved its pending purchase of a major rival, the Book Depository. But the blessing of the main regulatory body, the Office of Fair Trading, is no sure thing in a country that appears to be more concerned about media monopoly in the wake of the News Corporation hacking scandal.

Amazon.com Moves Closer to Acquiring a Major British Rival - NYTimes.com

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