Govt defines e-commerce marketplace rules, allows 100% FDI
8 years, 11 months ago

Govt defines e-commerce marketplace rules, allows 100% FDI

Live Mint  

New Delhi: The government on Tuesday allowed 100% foreign direct investment in online retail of goods and services under the so-called “marketplace model” through the automatic route, seeking to legitimize existing businesses of e-commerce companies operating in India. However, DIPP has prohibited FDI in e-commerce companies that own inventories of goods and services and sell directly to consumers using online platforms. Two retail associations representing brick-and-mortar retailers, the RAI and the All India Footwear Manufacturers and Retailers Association, have approached the Delhi high court arguing that online retail companies have gained an undue advantage by being allowing access to FDI through which they are able to provide deep discounts that traditional retailers cannot match. They also argued that the present retail policy of the government does not allow such e-commerce companies to directly sell to customers, but that, in the garb of the marketplace model, such online companies are directly selling to customers, violating rules.

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History of this topic

Trade talks: US demands level playing field in e-commerce, India resists
2 weeks ago

Trade talks: US demands level playing field in e-commerce, India resists

Live Mint  

New Delhi: American trade negotiators are pushing for a level playing field for US-based e-commerce companies such as Amazon and Walmart-owned Flipkart with Indian firms such as Reliance, two people aware of the matter said. “The issue of providing more access and a level playing field to US-based e-commerce firms came into discussion during the recent talks for a bilateral …

India may reconsider e-commerce regulations in a post Trump world
1 month, 2 weeks ago

India may reconsider e-commerce regulations in a post Trump world

Live Mint  

India’s proposed comprehensive e-commerce policy that has drawn strong interest from global entities such as Amazon and Walmart may be put on the back-burner, two people aware of the matter said, as countries pause and reassess priorities in the wake of an eventful regime change in the US. The development also signals a more cautious approach to regulating the sector …

FEMA case against Flipkart founders: Madras HC dismisses cases filed by Sachin and Binny Bansal
1 month, 3 weeks ago

FEMA case against Flipkart founders: Madras HC dismisses cases filed by Sachin and Binny Bansal

The Hindu  

The Madras High Court has dismissed a batch of writ petitions filed by popular e-commerce platform Flipkart’s founders Sachin Bansal and Binny Bansal and a few others in connection with an alleged violation of the Foreign Direct Investment policy involving ₹23,451 crore. Justice S. Sounthar rejected all the writ petitions pending since 2021, with liberty to the petitioners to submit …

ED raids offices of sellers using Amazon, Flipkart platforms in FEMA probe
Trending News
4 months, 2 weeks ago

ED raids offices of sellers using Amazon, Flipkart platforms in FEMA probe

The Hindu  

The Enforcement Directorate on Thursday conducted searches against some sellers who do business on e-commerce giants like Amazon, Flipkart as part of a Foreign Exchange Management Act investigation, official sources said. They said the action is related to the financial transactions being done by some of the “preferred” vendors and sellers who do business through Amazon and Flipkart like e-commerce …

Flipkart's Transformational Journey: Driving India's Growth Story Through Technology and Innovation
4 months, 3 weeks ago

Flipkart's Transformational Journey: Driving India's Growth Story Through Technology and Innovation

Hindustan Times  

Flipkart's Big Billion Days event has driven India's digital commerce revolution, creating opportunities for shared success and fostering a vibrant ecosystem of sellers and customers. The company's commitment to technology and innovation has enabled small businesses and entrepreneurs to reach a wider audience, boosting the country's e-commerce landscape. Flipkart's inclusive approach has empowered underserved communities and contributed to the growth …

₹23,451 crore FEMA case against Flipkart founders: Madras High Court to commence final hearing in October
5 months, 3 weeks ago

₹23,451 crore FEMA case against Flipkart founders: Madras High Court to commence final hearing in October

The Hindu  

The Madras High Court is all set to commence the final hearing on a batch of writ petitions filed by popular e-commerce platform Flipkart’s founders Sachin Bansal and Binny Bansal in connection with the alleged violation of Foreign Direct Investment policy involving a staggering amount of ₹23,451 crore. In October 2008, Mr. Sachin Bansal and Mr. Binny Bansal co-founded Flipkart …

Ernakulam District Commission Holds Flipkart Liable For Non-disclosure Of Seller Information As Mandated By E-Commerce Rules 2020
11 months ago

Ernakulam District Commission Holds Flipkart Liable For Non-disclosure Of Seller Information As Mandated By E-Commerce Rules 2020

Live Law  

The District Consumer Disputes Redressal Commission, Ernakulam bench comprising D.B. V and Mrs. Sreevidhia T.N held Flipkart liable for failure to disclose seller information, as mandated under Rule 5 of the Consumer Protection Rules, 2020. Consequently, feeling aggrieved, the Complainant approached the District Consumer Disputes Redressal Commission, Ernakulam, Kerala and filed a consumer complaint against Flipkart and Zest Money. Observations …

Flipkart Violates E-Commerce Disclosure Guidelines, Berhampur District Commission Orders Compensation Of Rs. 20,000 To Consumer
1 year, 7 months ago

Flipkart Violates E-Commerce Disclosure Guidelines, Berhampur District Commission Orders Compensation Of Rs. 20,000 To Consumer

Live Law  

Recently, the District Consumer Disputes Redressal Commission, Berhampur bench comprising Mr Satish Kumar Panigrahi and Mrs Saritri Pattanaik held Flipkart liable for cancelling a customer’s order citing unforeseen error by the seller. Additionally, the complainant argued that Flipkart’s actions of non-disclosure fall under sub-clause of Regulation 5 of the Consumer Protection Rules, 2020, indicating a violation of these regulations. Regarding …

Amazon, Flipkart issued notices for selling drugs without licence: Report
2 years, 1 month ago

Amazon, Flipkart issued notices for selling drugs without licence: Report

Hindustan Times  

Amazon and Flipkart Health plus are among the 20 online sellers that have been issued show-cause notices by the Drugs Controller General of India over the online sale of drugs in violation of norms. The show-cause notice dated February 8 by DCGI V G Somani cited a Delhi High Court order dated December 12, 2018, which prohibits online sales of …

Amazon, Flipkart issued notices for selling drugs without licence: Report
2 years, 1 month ago

Amazon, Flipkart issued notices for selling drugs without licence: Report

Hindustan Times  

Amazon and Flipkart Health plus are among the 20 online sellers that have been issued show-cause notices by the Drugs Controller General of India over the online sale of drugs in violation of norms. The show-cause notice dated February 8 by DCGI V G Somani cited a Delhi High Court order dated December 12, 2018, which prohibits online sales of …

How e-com giant Flipkart is powering India’s retail growth story
2 years, 4 months ago

How e-com giant Flipkart is powering India’s retail growth story

Hindustan Times  

India is amongst the fastest-growing economies in the world today and e-commerce has acted as one of the major pillars of this growth, especially in the aftermath of the pandemic when customers across the country transitioned to online retail as the preferred platform for all kinds of purchases. As retail moved online and powered the growth of the economy, major …

India’s e-commerce regulatory contradictions: P2B regulatory blindspot
3 years, 6 months ago

India’s e-commerce regulatory contradictions: P2B regulatory blindspot

Hindustan Times  

Despite numerous statutory instruments applicable to E-marketplaces in India, the regulation of platform-to-business users relationships leaves a great deal to be desired. The rise of e-marketplaces in India Of the many emerging trends in Indian e-commerce over the past decade, a notable one is the budding popularity of ‘e-marketplaces’- online platforms that connect sellers/business users with consumers. This indispensable position …

What led to Piyush Goyal’s outburst against India Inc.?
3 years, 7 months ago

What led to Piyush Goyal’s outburst against India Inc.?

The Hindu  

The story so far : Union Commerce Minister Piyush Goyal launched a verbal attack last week against Indian corporations, alleging that they were putting their narrow business interests ahead of the larger national interest. The Tata Group is also concerned that under the new rules it won’t be able to sell goods offered by Starbucks, in which it holds a …

Flipkart adds grocery shops in Tamil Nadu, Kerala; creates over 1,000 jobs
3 years, 7 months ago

Flipkart adds grocery shops in Tamil Nadu, Kerala; creates over 1,000 jobs

Live Mint  

E-commerce marketplace Flipkart on Friday announced that it would be expanding it grocery services to Tamil Nadu and Kerala. Through a regional expansion-focused marketplace model, the new centre would serve more than 150 pincodes in the region, the company said As per a statement, customers in Coimbatore, Madurai, Tiruchirappalli, and Erode in Tamil Nadu and Ernakulam in Kerala would get …

Draft E-commerce Rules: Why are online retailers concerned? | The Hindu In Focus Podcast
3 years, 8 months ago

Draft E-commerce Rules: Why are online retailers concerned? | The Hindu In Focus Podcast

The Hindu  

The Consumer Affairs Ministry last month issued a set of new draft e-commerce rules that has some of the top e-commerce sites rather worried. According to the government, these rules seek to protect consumer interest, prevent unfair trade practices, and encourage fair competition. Among other things, the rules bar certain kinds of flash sales and mis-selling, and make it mandatory …

E-commerce Rules Amendments: Adding Or Stripping Away The Competition Jurisdiction?
3 years, 8 months ago

E-commerce Rules Amendments: Adding Or Stripping Away The Competition Jurisdiction?

Live Law  

The Government of India recently published certain proposed amendments to the Consumer Protection Rules, 2020 seeking public comments and suggestions. Several provisions of the Amendment Rules directly address the issues that are pending investigation before the CCI and lay down detailed regulations on the business practices of e-commerce entities: a) Definition of 'e-commerce entity': The definition of 'e-commerce entity' is …

E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify
3 years, 8 months ago

E-comm rules: Fight between Amazon, Flipkart vs Reliance, Tata to intensify

India TV News  

As e-commerce regulations are tightened, the fight between foreign companies Amazon, Flipkart, and Indian companies Reliance, Tata Group is set to intensify. 100% FDI is allowed in marketplace but regulations are evolving - 2018 rules pushed Amazon to reduce stake in a key seller. However, in 2021, there have been amendments to those rules, still at a draft stage and …

U.S. lobby group views India's e-commerce plan as worrying
3 years, 9 months ago

U.S. lobby group views India's e-commerce plan as worrying

The Hindu  

A top lobby group that is part of the U.S. Chamber of Commerce believes India's proposed new e-commerce rules are a cause for concern and will lead to a stringent operating environment for companies, according to an email reviewed by Reuters. India this week spooked online retailers like Amazon and Walmart's Flipkart by outlining plans to limit "flash sales", reining …

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?
3 years, 9 months ago

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?

Firstpost  

Along the lines of the grievance officers that social media platforms are required to appoint an India, e-commerce platforms, too, will be mandated to create the roles of a chief compliance officer, nodal contact person, and resident grievance officer The e-commerce marketplace in India is already worth more than $80 billion this year and, by 2027, will have touched $200 …

EXPLAINED: Will Proposed Changes To E-Commerce Rules Do Away With Flash Sales, Boost Make In India?
3 years, 9 months ago

EXPLAINED: Will Proposed Changes To E-Commerce Rules Do Away With Flash Sales, Boost Make In India?

News 18  

The e-commerce marketplace in India is already worth more than $80 billion this year and, by 2027, will have touched $200 billion in value. But the amended rules say that such “no e-commerce entity shall organise a flash sale of goods or services offered on its platform” where such a sale is “organised by fraudulently intercepting the ordinary course of …

EU antitrust regulators to investigate Google, new e-commerce Indian rules
3 years, 9 months ago

EU antitrust regulators to investigate Google, new e-commerce Indian rules

Op India  

On June 22, European Union Antitrust Regulators opened an investigation against adtech business of Google to examine if the company favoured its own business over rivals, advertisers and online publishers. EU antitrust regulators to investigate Google’s adtech business https://t.co/zz4iQanCP2 pic.twitter.com/eycyhP7kBm — Reuters June 22, 2021 As per reports, Google generated $147 billion in revenue from online ads in 2020. The …

E-Commerce Rules: What About Flash Sales? How Does It Affect You?
3 years, 9 months ago

E-Commerce Rules: What About Flash Sales? How Does It Affect You?

The Quint  

In the draft, the government highlighted that e-commerce companies won't be allowed to hold 'flash sales' in India. During flash sales, e-commerce platforms observe high spikes in customer orders as they offer heavy discounts on products, sometimes up to 80 percent. The ministry also proposed that e-commerce firms should appoint a chief compliance officer, a nodal contact person, and comply …

Flipkart, Amazon to soon stop flash sale smartphone, other products
3 years, 9 months ago

Flipkart, Amazon to soon stop flash sale smartphone, other products

India TV News  

E-commerce websites like Flipkart and Amazon occasionally host flash sales for smartphones as well as other products. With the new norms, the websites will not be permitted to hold any sort of flash sales. As a result, the Ministry of Consumer Affairs in its proposal has said that no e-commerce platform should be allowed to hold flash sales in India. …

Explained: Government Proposes New E-commerce Rules, Here's What it Means for Consumers
3 years, 9 months ago

Explained: Government Proposes New E-commerce Rules, Here's What it Means for Consumers

News 18  

The central government on Monday proposed amendments to the Consumer Protection Rules, 2020 and sought public comments on banning “mis-selling” and fraudulent “flash sale” of goods and services on e-commerce platforms such as Flipkart and Amazon. The new draft rules have also proposed that every e-commerce entity which intends to operate in India must register itself with the Department for …

Ban on mis-selling, fraudulent flash sales and other changes to e-commerce rules proposed by govt
3 years, 9 months ago

Ban on mis-selling, fraudulent flash sales and other changes to e-commerce rules proposed by govt

Firstpost  

Ban on misleading users by manipulating search results, appointment of chief compliance officer and resident grievance officer are some of the other amendments being proposed. The Centre on Monday proposed amendments to the Consumer Protection Rules, 2020 and sought public comments on banning mis-selling and fraudulent flash sale of goods and services on e-commerce platforms, and also on making registration …

Amazon, Flipkart may no longer host flash sales of smartphones and other goods
3 years, 9 months ago

Amazon, Flipkart may no longer host flash sales of smartphones and other goods

India Today  

The government of India is planning to introduce stricter norms for e-commerce platforms like Flipkart, Amazon. Walmart-owned Flipkart, Amazon hold countless sales thorough out the year which seems to be hampering the small businesses, under the new law such sales would be prohibited The government has said in its release that it has received countless complaints from consumers, traders and …

Govt Proposes Ban on Mis-selling, Fraudulent Flash Sales on E-commerce Platforms, Seeks Public Comments
3 years, 9 months ago

Govt Proposes Ban on Mis-selling, Fraudulent Flash Sales on E-commerce Platforms, Seeks Public Comments

News 18  

The Centre on Monday proposed amendments to the Consumer Protection Rules, 2020 and sought public comments on banning mis-selling and fraudulent flash sale of goods and services on e-commerce platforms, and also on making registration of these entities mandatory with DPIIT. “Views/ comments/ suggestions on the proposed amendments may be sent within 15 days by email to js-ca@nic.in,” Anupam Mishra, …

Govt proposes ban on mis-selling, fraudulent flash sales on e-commerce platforms
3 years, 9 months ago

Govt proposes ban on mis-selling, fraudulent flash sales on e-commerce platforms

India TV News  

The Centre on Monday proposed amendments to the Consumer Protection Rules, 2020 and sought public comments on banning mis-selling and fraudulent flash sale of goods and services on e-commerce platforms, and also on making registration of these entities mandatory with DPIIT. "Views/ comments/ suggestions on the proposed amendments may be sent within 15 days by email to js-ca@nic.in," Anupam Mishra, …

New Indian e-com policy may change your Flipkart, Amazon shopping experience
4 years ago

New Indian e-com policy may change your Flipkart, Amazon shopping experience

India Today  

The Indian government is drafting a new policy for e-commerce retailers in India that will require Amazon, Flipkart and others to treat sellers equally. Notably, the new e-commerce policy will apply to Amazon, Flipkart and all other online retailers that follow a similar model. New e-commerce policy: What it could mean for various Amazon and Flipkart sales While the new …

PIL Seeks Clear MRP, Seller Details of Products Sold by E-com Sites; HC Asks for Centre's Stand
4 years, 1 month ago

PIL Seeks Clear MRP, Seller Details of Products Sold by E-com Sites; HC Asks for Centre's Stand

News 18  

The Delhi High Court Tuesday sought response of the Centre on a PIL seeking a direction to e-commerce websites to prominently display names of manufacturers, country of origin and MRP of products sold on their platforms. A bench of Chief Justice D N Patel and Justice Jyoti Singh issued notices to the Ministry of Consumer Affairs, Food and Public Distribution …

Plea Seeks Directions In Delhi High Court For Social Media E-Commerce Websites To Display MRP, Manufacturer Details, Country Of Origin
4 years, 2 months ago

Plea Seeks Directions In Delhi High Court For Social Media E-Commerce Websites To Display MRP, Manufacturer Details, Country Of Origin

Live Law  

A petition has been filed in the Delhi High Court seeking direction to social media e-commerce websites to display full details of products being offered for sale on them, including details of the Maximum Retail Price, seller details, name of the manufacturer and country of origin. Filed by one Ajay Kumar Singh, the plea highlights that while Government of India …

10 Important Factors An E-Commerce Entity Must Know To Deal With The Consumers In 2020
4 years, 2 months ago

10 Important Factors An E-Commerce Entity Must Know To Deal With The Consumers In 2020

Live Law  

As per ministry of communication, Govt. Who is an E-commerce entity under Consumer Protection Act, 2019 & Consumer Protection Rules, 2020? E-commerce entities where Consumer Protection Act, 2019 & Consumer Protection Rules, 2020 applies:- Marketplace e-commerce entity which provides an information technology platform on a digital or electronic network to facilitate transactions between buyers and sellers. Consumer Protection Act, 2019 …

Centre to Verify if E-Retailers Like Amazon and Flipkart Are Displaying Products' Country of Origin
4 years, 3 months ago

Centre to Verify if E-Retailers Like Amazon and Flipkart Are Displaying Products' Country of Origin

News 18  

The Delhi High Court directed the Centre on Wednesday to find out and inform it whether e-commerce entities, like Flipkart, Amazon and Snapdeal, are complying with the requirement of displaying ‘country of origin’ on products sold on their platforms. A bench of Chief Justice D N Patel and Justice Prateek Jalan directed the central government to file a fresh affidavit …

Amazon May be on the Wrong Side of India’s FDI Rulebook for Multi-brand Retail on Dispute with Future Retail
4 years, 4 months ago

Amazon May be on the Wrong Side of India’s FDI Rulebook for Multi-brand Retail on Dispute with Future Retail

News 18  

Here is a sentence, which sounds innocuous and laced with bureaucratese at first glance, that may well be read and re-read several times and subjected to rigorous legal interpretation in the coming weeks. This sentence is from Clause of Section 5.2.15.4 titled “Multi-brand Retail Trading” of India’s “Consolidated FDI Policy”, an umbrella rulebook that contains micro-details of foreign investment regulations …

E-commerce firms push electronics sales
4 years, 4 months ago

E-commerce firms push electronics sales

Live Mint  

E-commerce firms Flipkart and Amazon as well as omni-channel retailers such as Reliance Digital are making a final push towards big-ticket electronic and smartphone sales in the last leg of Diwali, with heavy discounts and quick delivery methods. Amazon India's month-long 'Great Indian Festival’ sale, which is drawing to a close on 13 November, saw over 1.5 million customers buying …

India’s e-commerce battle: Flipkart and Amazon compete for record festive sales
4 years, 5 months ago

India’s e-commerce battle: Flipkart and Amazon compete for record festive sales

CNN  

Hong Kong CNN Business — India’s festival shopping season is underway, pitting the country’s biggest online retailers against each other in a battle to grab a larger chunk of the growing, lucrative e-commerce market. “This is the time when consumers are actually in spending mode,” he said, adding that the roughly one-month salesperiod is expected to account for 18% of …

Flipkart Wholesale joins B2B battlefield
4 years, 6 months ago

Flipkart Wholesale joins B2B battlefield

Live Mint  

BENGALURU: Homegrown e-tailer Flipkart has launched its digital business-to business marketplace as e-commerce firms boost such operations, digitising kiranas and leveraging online sales to take advantage of India’s large consumer base. Ltd, which operates the Best Price cash-and-carry wholesale stores, digital marketplace Flipkart Wholesale will help the e-commerce firm grow its B2B vertical. “Flipkart Wholesale is built on the core …

Walmart's Flipkart Starts Wholesale E-commerce Service in India
4 years, 6 months ago

Walmart's Flipkart Starts Wholesale E-commerce Service in India

News 18  

India’s Flipkart launched an online wholesale service for mom-and-pop stores and other small businesses on Wednesday, as the Walmart-owned firm seeks to better compete with Amazon and other players in a battleground market for e-commerce. Flipkart, majority-owned by Walmart Inc, bought the U.S. retail giant’s wholesale business in India in July. Amazon.com Inc and other e-commerce players including online grocery …

Consumer Protection (E-commerce) Rules 2020: A Step In The Right Direction?
4 years, 7 months ago

Consumer Protection (E-commerce) Rules 2020: A Step In The Right Direction?

Live Law  

The e-commerce industry was already booming but the pandemic has impacted its growth significantly. The Consumer Protection Rules, 2020 complement the Act with regards to the protection of consumers from unfair trade practices and other practices of e-commerce platforms. However, many established and prominent companies already follow this mechanism but the idea behind this rule is to make a uniform …

Flipkart & Modi Govt’s Agriculture Reforms: Is It All Lip Service?
4 years, 9 months ago

Flipkart & Modi Govt’s Agriculture Reforms: Is It All Lip Service?

The Quint  

The government has turned down Flipkart Farmer-Mart’s application to trade in agricultural produce. But Walmart-owned Flipkart took recourse to a clause in the policy which allows 100 percent FDI with government approval in retail trading, “including through e-commerce” in respect of food products “manufactured or produced” in India. “We are evaluating the department’s response and intend to re-apply as we …

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
4 years, 9 months ago

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply

Firstpost  

The Department for Promotion of Industry and Internal Trade has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday New Delhi: The Department for Promotion of Industry and Internal Trade has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory …

Flipkart awaits advisories from states for resuming full services; Centre allows delivery of non-essential items by e-commerce platforms
4 years, 10 months ago

Flipkart awaits advisories from states for resuming full services; Centre allows delivery of non-essential items by e-commerce platforms

Firstpost  

Sales of non-essential items on e-commerce platforms in the first week of May, after sales of such items were allowed in green and orange zones, were lower than last year on account of the lockdown. New Delhi: Walmart-owned Flipkart on Monday said it is awaiting advisories from different states for resuming full services, including in red zones, a day after …

Working with sellers to help them make products available: Flipkart
4 years, 10 months ago

Working with sellers to help them make products available: Flipkart

India TV News  

Walmart-owned Flipkart on Saturday said it is working with lakhs of sellers and micro, small and medium enterprises across India and helping them prepare their businesses after the government allowed e-commerce companies to offer non-essential products in orange and green zones. "We welcome the government's efforts in progressively charting out an exit plan from the lockdown and allowing e-commerce to …

Flipkart ties up with Gujarat govt to promote local handicrafts; aims to help artisans expand market reach
5 years, 1 month ago

Flipkart ties up with Gujarat govt to promote local handicrafts; aims to help artisans expand market reach

Firstpost  

Flipkart Samarth aims at bringing thousands of artisans, weavers and craftsmen from across the country into the fold of e-commerce. Flipkart, India’s homegrown e-commerce marketplace, has signed a memorandum of understanding with the Gujarat State Handloom and Handicrafts Development Corporation as a part of its Flipkart Samarth initiative. Flipkart Samarth aims at bringing thousands of artisans, weavers and craftsmen from …

The Rights Of Consumers In The Digital Age: Advantages And Disadvantages Of E-Commerce
5 years, 2 months ago

The Rights Of Consumers In The Digital Age: Advantages And Disadvantages Of E-Commerce

Live Law  

E-commerce has seen immense growth in the recent past; the use of smartphones and readily available internet has completely transformed the way of purchasing today. Today a consumer not only make purchases online but also browse a wide range of goods, look for a specific product and also compare prices easily. Similar to a common consumer an e-commerce consumers right …

CCI orders enquiry into business practices of Amazon, Flipkart
5 years, 2 months ago

CCI orders enquiry into business practices of Amazon, Flipkart

The Hindu  

Fair market watchdog Competition Commission of India has ordered an enquiry into the operations of both Amazon and Flipkart on multiple counts, including deep discounts and exclusive tie-up with preferred sellers. In its order, the CCI said that it needs to be investigated whether the alleged exclusive arrangements, deep discounting and preferential listing by Amazon and Flipkart are being used …

CAIT urges govt to take action against e-commerce firms flouting FDI policy, indulging in unfair practices
5 years, 3 months ago

CAIT urges govt to take action against e-commerce firms flouting FDI policy, indulging in unfair practices

Firstpost  

CAIT also criticised the Ministry of MSME’s reported move to join hands with some prominent e-commerce companies for onboarding of small retailers on their platforms New Delhi: Traders’ body CAIT on Sunday urged the government to take action against e-commerce companies flouting Foreign Direct Investment norms and indulging in unfair practices. Terming such firms “global economic terrorist” and “economic intruders, …

Opinion | An e-commerce compliance audit
5 years, 3 months ago

Opinion | An e-commerce compliance audit

Live Mint  

By seeking an annual statutory audit of compliance with foreign direct investment rules for online marketplaces, the government is addressing recently aired concerns by local traders that e-commerce companies may not be following changes that came into force in February. The marketplaces were barred from holding stakes in sellers using their platform and from exclusive product sale deals, which had …

CAIT seeks action against Flipkart, Amazon for FDI norms violation, calls them 'economic terrorists'
5 years, 3 months ago

CAIT seeks action against Flipkart, Amazon for FDI norms violation, calls them 'economic terrorists'

Firstpost  

The CAIT claimed that small retailers have suffered at the hands of Amazon, Flipkart and other e-commerce portals for the last one year, leading to decline in their business. New Delhi: Traders’ body CAIT on Sunday lashed out at e-commerce majors Amazon and Flipkart, calling them “economic terrorists”, and demanded that the government take action against them for alleged violation …

Govt plans regulator to monitor online retailers, curb disputes
5 years, 4 months ago

Govt plans regulator to monitor online retailers, curb disputes

Live Mint  

India is examining the feasibility of setting up a regulatory authority to settle disputes related to e-commerce, a top government official said, amid a raging battle between big online retailers and mom-and-pop stores. “We plan to implement the policy within this financial year.” Prime Minister Narendra Modi’s administration is under pressure from small traders to act against the big online …

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