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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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BROKERS ĐƯỢC CẤP PHÉP
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04-10-2022 07:06:42 (UTC+7)

EUR/USD

0.9831

+0.0007 (+0.07%)

Summary

↑ Sell

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EUR/USD

0.9831

+0.0007 (+0.07%)

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GBP/USD

1.1328

+0.0006 (+0.05%)

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USD/JPY

144.55

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AUD/USD

0.6503

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USD/CAD

1.3633

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EUR/JPY

142.12

+0.13 (+0.09%)

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0.9756

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20.795

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3.4210

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88.85

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215.55

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Euro Stoxx 50

3,342.17

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S&P 500

3,678.43

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DAX

12,209.48

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FTSE 100

6,908.76

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17,079.51

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US Small Cap 2000

1,709.05

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IBEX 35

7,462.00

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BASF SE NA O.N.

40.940

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Bayer AG NA

47.95

+0.54 (+1.14%)

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Allianz SE VNA O.N.

161.54

-0.26 (-0.16%)

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Adidas AG

119.00

+0.12 (+0.10%)

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Deutsche Lufthansa AG

5.716

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Siemens AG Class N

100.92

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7.630

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 EUR/USD0.9831↑ Sell
 GBP/USD1.1328↑ Sell
 USD/JPY144.55↑ Buy
 AUD/USD0.6503↑ Sell
 USD/CAD1.3633↑ Buy
 EUR/JPY142.12Sell
 EUR/CHF0.9756↑ Sell
 Gold1,708.95↑ Sell
 Silver20.795↑ Sell
 Copper3.4210↑ Sell
 Crude Oil WTI83.44Neutral
 Brent Oil88.85↑ Buy
 Natural Gas6.520↑ Buy
 US Coffee C215.55↑ Sell
 Euro Stoxx 503,342.17↑ Sell
 S&P 5003,678.43↑ Sell
 DAX12,209.48Neutral
 FTSE 1006,908.76Neutral
 Hang Seng17,079.51↑ Buy
 Small Cap 20001,709.05Buy
 IBEX 357,462.00↑ Buy
 BASF40.940↑ Sell
 Bayer47.95Sell
 Allianz161.54Neutral
 Adidas119.00↑ Buy
 Lufthansa5.716Sell
 Siemens AG100.92↑ Sell
 Deutsche Bank AG7.630↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,540/ 6,620
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SJC Hanoi6,520/ 6,622
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SJC Danang6,520/ 6,622
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SJC Nhatrang6,520/ 6,622
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SJC Cantho6,520/ 6,622
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