Thousands of Etsy sellers launch week-long strike over increase in transactions fees

Etsy headquarters
(Image credit: John Penney/iStock)

Artisans who sell their products on the e-commerce platform Etsy launched a week-long strike on Monday after the company announced it was raising transaction fees from five percent to 6.5 percent, The Verge reports.

According to The Verge, over 5,000 sellers have pledged to set their stores to "vacation mode" for the next week. Over 46,000 people have signed a petition opposing the 30-percent fee hike.

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Grayson Quay

Grayson Quay was the weekend editor at TheWeek.com. His writing has also been published in National Review, the Pittsburgh Post-GazetteModern AgeThe American ConservativeThe Spectator World, and other outlets. Grayson earned his M.A. from Georgetown University in 2019.