The big news today was that Amazon acquired Stanza, the premiere reading application for the iPhone. Lexcycle promises that it is not going to drop any of the existing partners (despite that they are in direct competition to Amazon). Others around the web, however, are very concerned.
Teleread.org has some great coverage including how Amazon may force companies to either produce revenue or be forced out of the picture (as opposed to providing free access to public domain works) and how the government may want to take a look at the burgeoning monopoly that Amazon is creating. “[D]o we really want this one company to dominate so much of the book business?” asks David Rothman. Mike Cane points out 6 succinct reasons why this is bad for the consumer, the market, and basically the future of ebooks.
This isn’t an #Amazonfail, though, it is a publishing fail. It’s time to throw open the competitive doors by taking the lock off of ebooks and by adopting one decent digital publishing standard.