Sargent on "the suit"

From Publisher's Weekly:


What Sargent did say about the pending DoJ suit is that Justice is "extraordinarily myopic. They carried the water for Amazon, when it had 92% of the market." And, he said, they prevented others from coming into the market. "The senior guys, Eric Holder, are just incompetent," he added, to resounding applause. As to the lasting effect of the DoJ case, Sargent said, "There's no way to tell. I have a lot of hope. There are a lot of good signs about the movement to digital." He's been heartened that even with the increase in the number of screens, the growth of e-books is flat. "What is dangerous for us is cataclysmic change. You guys are superb at adapting. You need time to adjust. If it stays flat or declines slowly, we're in good shape."

Story here.

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