FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations
2 years, 11 months ago

FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations

Firstpost  

The reluctance of digital/technology companies to invest time and resources to navigate an uncertain regulatory landscape is more to be blamed than the FDI policy itself. The new Foreign Direct Investment policy prevents online marketplaces from holding any equity interest and control over inventories through related companies that sell on their platform to avoid vertical foreclosure and exclusivity. Even Competition Commission of India circumvented the market analysis that would reason out the legitimacy of such disruptive business models and their market conduct, what otherwise should have involved a constructive dialogue among the operators, investors and the CCI to shape the economic and regulatory policy in the first place. For instance, due to knee-jerk policy changes, marketplaces are always tweaking their business models, investors face hurdles to price risk-adjusted returns and vendors are unable to enter into long and stable contracts.

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History of this topic

Not against e-commerce, seeking fair play and integrity in their operations, says Piyush Goyal
4 months ago

Not against e-commerce, seeking fair play and integrity in their operations, says Piyush Goyal

The Hindu  

A day after Commerce and Industry Minister Piyush Goyal’s sharp critique of e-commerce platforms like Amazon, red-flagging predatory pricing policies and possible violations of the Foreign Direct Investment norms, he stressed that he was not against e-commerce per se but wanted players to ensure fair play and honesty in their business practices. Speaking to students at Mumbai’s Atharva College, the …

National e-commerce policy in final stages; to be presented before top-level: Report
1 year, 4 months ago

National e-commerce policy in final stages; to be presented before top-level: Report

Hindustan Times  

The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final stages and no new draft policy will be issued now for seeking views of stakeholders, a senior government official said. The Department for Promotion of Industry and Internal Trade on August 2 held a detailed discussion with representatives of e-commerce firms and a …

Union government’s new e-commerce rules target Amazon and Flipkart-Walmart
3 years, 5 months ago

Union government’s new e-commerce rules target Amazon and Flipkart-Walmart

The Hindu  

T he National Democratic Alliance government has decided to further tighten its regulation of e-commerce, taking on foreign giants such as Amazon and Flipkart-Walmart in particular, with implications for domestic organised retail majors such as Reliance. Specifically, the guidelines noted that 100 per cent FDI under the automatic route is permitted only in a marketplace model of e-commerce, where the …

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

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