Discover and read the best of Twitter Threads about #indiantraders
Most recents (1)
#BigStory
For the past few years, the govt has been tightening the screws on foreign-owned e-commerce giants—to favour Indian traders and merchants and local rivals. The latest salvo will come as a big blow to these platforms, and its biggest sellers and also you, dear customer.
For the past few years, the govt has been tightening the screws on foreign-owned e-commerce giants—to favour Indian traders and merchants and local rivals. The latest salvo will come as a big blow to these platforms, and its biggest sellers and also you, dear customer.
In Jan 2020, the Competition Commission of India, opened a probe into Amazon and Flipkart, citing four anti-competitive practices: exclusive launch of mobile phones , promoting preferred sellers, deep discounting, and prioritizing some seller listings over others.
Both Amazon and Flipkart are currently in court, fiercely fighting to block the probe. The government has moved to strike a potentially decisive blow to Amazon and Flipkart. It unveiled a draft of a new ecommerce policy that stipulates:
