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France sets minimum delivery fee for online book orders

PARIS (Reuters) - France plans to impose a minimum delivery fee of 3 euros ($2.93) for online book orders of less than 35 euros to level the playing field for independent...
France sets minimum delivery fee for online book orders © Reuters. FILE PHOTO: Books are displayed on a table at "La Librairie du Canal" bookstore in Paris as French lawmakers voted a draft bill aiming at stopping Amazon from offering free delivery for books and at protecting traditional bookshops from competition, Franc

PARIS (Reuters) - France plans to impose a minimum delivery fee of 3 euros ($2.93) for online book orders of less than 35 euros to level the playing field for independent bookstores struggling to compete against e-commerce giants, the government said on Friday.

A 2014 French law already prohibits free book deliveries, but Amazon (NASDAQ:AMZN) and other vendors such as Fnac have circumvented this by charging only 1 euro cent per delivery. Local book stores typically charge up to 7 euros for shipping a book.

Legislation was passed in December 2021 to close the one-cent loophole through a minimum shipping fee, but the law could not take effect until the government had decided on the size of that fee.

"This will adapt the book industry to the digital era by restoring an equilibrium between large e-commerce platforms, which offer virtually free delivery for books whatever the order size, and bookstores that cannot match these delivery prices," the culture and finance ministries said in a joint statement.

They added that France will notify the European Commission of its plan and the minimum delivery fee will take effect six months after the EU grants approval.

($1 = 1.0241 euros)

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30-09-2022 10:29:18 (UTC+7)

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0.9803

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0.9803

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 EUR/USD0.9803↑ Sell
 GBP/USD1.1098Buy
 USD/JPY144.71↑ Buy
 AUD/USD0.6490↑ Sell
 USD/CAD1.3708↑ Buy
 EUR/JPY141.85Sell
 EUR/CHF0.9570Neutral
 Gold1,670.55↑ Sell
 Silver18.837↑ Buy
 Copper3.4175Buy
 Crude Oil WTI81.19↑ Buy
 Brent Oil87.13Neutral
 Natural Gas6.857Buy
 US Coffee C225.55↑ Buy
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 S&P 5003,640.47Neutral
 DAX11,975.55↑ Buy
 FTSE 1006,881.59↑ Buy
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 Lufthansa5.817↑ Buy
 Siemens AG98.26Neutral
 Deutsche Bank AG7.594Sell
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