France Proposes Law Forbidding Book Discounts on Web20
BY SAM SCHECHNER
PARIS—French lawmakers moved closer to approving a bill Thursday aimed at protecting local bookstores against competition from Amazon.com Inc., the latest step by European governments and regulators to try to rein in what they see as the growing power of a group of largely American tech companies.The bill, approved unanimously by France's lower house of parliament, would effectively force online booksellers to sell at higher prices than brick-and-mortar stores, by banning any seller from applying government-regulated discounts to the cover prices of books that are shipped to readers. Instead, sellers could only mark down the cost of shipping.
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