A PYMNTS Company

France: New law aims to protect local bookstores from Amazon

 |  October 3, 2013

France launched new legislation Thursday that would bar online retail giant Amazon from shipping books for free on top of its mandatory five percent discount on books, a measure looking to protect the nation’s independent bookstores, say reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    France, culturally known for its bookshops, has seen a rise in online book sales from 3.2 percent in 2003 to 13.1 percent in 2011.

    The new legislation would extend socialist-era laws passed in 1981 that curbed book discounting.

    Today, with the rise in online book sales, some publishers are accusing Amazon of “dumping” books in the nation in anti-competitive moves in the market.

    The bill now faces the Senate for approval; reports say the body is expected to clear the legislation by the end of the year.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.