PUBLISHING: Battle of the Booksellers

After burying its nose in the book publishing business for more than a year, the Federal Trade Commission leaned back and issued a complaint last week that was a bestseller along U.S. Publisher's Row. The Commission charged that Doubleday & Co. and five other publishers* violated federal antimonopoly laws by allowing the book clubs to sell their books at cut-rate prices, while retailers were required to sell the same titles at fixed prices.

The FTC action was a victory for the 3,200 U.S. booksellers, who have been fighting a guerrilla war with the book clubs ever since Harry Scherman founded...

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