Publishing Houses Protest Pricing Demands by E-Commerce Platforms

Leading publishing houses in the country announced a joint protest against e-commerce platforms due to extreme pricing demands that would significantly impact their income. These publishing giants, including Tsinghua University Press and People's Literature Publishing House, disagreed with the 20-30% pricing rule imposed by platforms like JD.com, affecting their profits and creating financial strain. This boycott signifies a longstanding struggle within the publishing industry against e-commerce platforms pushing for lower prices, affecting the balance between consumer interests, platform demands, and supplier sustainability.