Wednesday, June 5, 2013

Amazon a "destroyer" of bookshops

Image representing Amazon as depicted in Crunc...
France's culture minister has branded online retailer Amazon a "destroyer" of bookshops in the latest confrontation between the Socialist government in Paris and America's giants of the digital economy. "Today, everyone has had enough of Amazon, which, by dumping, slashes prices to get a foothold in markets only to raise them once they have established a virtual monopoly," Culture Minister Aurelie Filippetti said.

"It is destructive for bookshops," the minister told a conference of booksellers Monday in the southwestern city of Bordeaux.

Filippetti said that she would be examining measures that could curb Amazon's growth in France by restricting the American giant's ability to combine offers of free deliveries with discounts of up to five percent on cover prices, which is the maximum allowed in France under existing legislation designed to protect small booksellers.

The attack on Amazon is the latest in a series of disputes between the French government and American companies including Google, Yahoo! and Apple. French authorities are already embroiled in a dispute with Amazon over a $252 million tax bill related to the company's sales in France between 2006 and 2010. Read more >>
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