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Market Chatter: Amazon's Challenge Over Book Delivery Fees Rejected by Top French Court

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Amazon's (AMZN) challenge over minimum delivery fees on books has been rejected by France's highest administrative court, Reuters reported Wednesday.

The issue pertains to the minimum 3 euro ($3.5) fee that was introduced by the French government in October 2023 to help local independent bookstores counter competition from Amazon, which was charging a euro cent on book deliveries in France.

Amazon did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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