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Booksellers take on E-commerce Giants

August 6, 2014 by Admin Leave a Comment

  • Worried booksellers are taking up an issue against the e-commerce giants, a protective law that was in France might be implemented in city to control rebates and free shipping offered by the e-commerce companies
  • Book house owners opined that the e-commerce firms are aggressively capturing the book market in terms of price which no retailer can even afford and if this trends persists then they will monopolize the industry
  • President of the Bangalore Booksellers and Publishers’ Association was inspired by the French re-course to law on the issue and have decided to approach government for similar measures and this will put an end to rebates on books and free shipping offered by these portals
  • Fixed book pricing already in European countries like Germany, Italy and Portugal
  • Certain book owners decided to open center’s leaving their existing jobs and are seeking a level playing field with adequate regulation
  • E-publishing may change the trends in publishing with a thrust only on best sellers, few other book sellers opined that the like how multiplexes have replaced theatre similarly would happen for the books
  • Indira Gandhi National Centre for the Arts, executive director told that books stores are a slice of culture and the times and not just business and further told that the government to protect independent book stores
  • The executive director further added he would support any legal recourse to ensure effective regulation of e-commerce giants
  • Read at: http://www.thehindu.com/todays-paper/booksellers-take-on-ecommerce-giants/article6285427.ece

Filed Under: Current Affairs, Economy

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