Etsy Sellers Close Up Shop To Protest Increased Transaction Fees

Etsy has more than 5 million sellers, so those protesting only represent a small fraction of the business.

Thousands of Etsy sellers have closed up shop for a week to protest the company's increase in transaction fees. 

Etsy started charging an extra 1.5% for each transaction on Monday.

More than 15,000 sellers signed a petition saying they are temporarily closing their stores because they feel the company is taking advantage of small businesses. The sellers also want buyers to boycott Etsy.