Amazon's Monopoly is not Predatory

As I survey the responses to and discussions of the recent decision in the Apple e-book antitrust trial, I’m disheartened by how many people seem to be buying into the publishers’ and Apple’s narrative of Amazon as the evil predatory-pricing monopolist. You see it in comments and articles here and there, that take for granted Amazon has been selling all its e-books at a loss, not just a small handful.

Even Adam Engst of TidBITS has been taken in:
Initially the U.S. Department of Justice filed this lawsuit against