It’s not a distribution monopoly because the licensing firms then sell through other avenues (like how, for example, Seven Seas sell their books through Amazon, Kobo, Barnes and Noble, etc.). I’m notably omitting Yen Press and J-Novel Club in this discussion because they’re wholly owned by Kadokawa (the latter I don’t believe should have been permitted by the FTC, but what do I know).
It’s not a distribution monopoly because the licensing firms then sell through other avenues (like how, for example, Seven Seas sell their books through Amazon, Kobo, Barnes and Noble, etc.). I’m notably omitting Yen Press and J-Novel Club in this discussion because they’re wholly owned by Kadokawa (the latter I don’t believe should have been permitted by the FTC, but what do I know).