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Economics

[1516] Of stupidité

Hilarity of stupidity (via):

Did you hear the one about Amazon? It offered free shipping in France, got sued for it by the French Booksellers’ Union, and lost. Now it’s choosing to pay €1,000 a day rather than follow the court’s order. Ba-da-bing!

No, it’s not funny, but that’s because it’s not a joke. The Tribunal de Grande Instance (a French appeals court) in Versailles ruled back in December that Amazon was violating the country’s 1981 Lang law with its free shipping offer. That law forbids booksellers from offering discounts of more than 5 percent off the list price, and Amazon was found to be exceeding that discount when the free shipping was factored in. [Amazon’s free shipping costing €1,000 per day in France. Nate Anderson. ars technica. January 15 2008]

Protectionism is funny!

By Hafiz Noor Shams

For more about me, please read this.

2 replies on “[1516] Of stupidité”

Hi brudder hafix:

GreAtings butt off topic can ah?
Go read my Post todae about G7 Bloggers meet in PJ tomorrow 4pm — you and thy ER are awe INVITED!:) — Cheers to 2008 belatedly — badder late than forever:)

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