Go Read This | OFT gives go-ahead for Amazon/TBD merger | The Bookseller

Not a huge surprise but still, interesting …

The Office of Fair Trading has cleared Amazon to take over The Book Depository, ruling the merger would not lead to a lessening of competition within the UK book industry.The OFT decided there was limited pre-merger competition between the two companies and found that competition within Amazon Marketplace would continue to be strong after the takeover. It said The Book Depository only accounted for between 2-4% of the online market for physical books, and that TBD had most of its growth in overseas markets rather than the UK.

via OFT gives go-ahead for Amazon/TBD merger | The Bookseller.

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