-NetworkIdeas.org The NDA government has decided to further tighten its regulation of e-commerce, taking on in particular foreign giants like Amazon and Flipkart-Walmart, with implications for domestic organized retail majors like Reliance. The Department of Consumer Affairs in the Ministry of Consumer Affairs, Food and Public Distribution has called for comments on an amended version of the Consumer Protection (E-Commerce) Rules, 2020, which it posted on its website in late June...
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Why CAIT wants festive sales on e-commerce companies banned -Trisha Jalan
-Medianama.com Accusing e-commerce platforms of openly flouting FDI rules, traders’ body CAIT has asked Finance Minister Piyush Goyal to conduct an investigation into and place a blanket ban on festival sales by e-commerce companies for indulging in “predatory pricing” and “deep discounting”. Praveen Khandelwal, national secretary-general of CAIT, wrote to the minister on September 13 (see letter below), with “substantial evidence” of e-commerce companies indulging in predatory pricing and deep discounting. CAIT...
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-The Indian Express DIPP officials cite regulatory issues, problems in checking inter-state transactions in e-commerce activities The new rules that allow foreign retail chains to pick up to 51% stake in Indian supermarkets will not apply to e-commerce companies in the business-to-consumer (B2C) space. This means while the US-based retail firm Walmart can pick up a 51% stake in Bharti Retail, the JV firm cannot sell its products online through that entity....
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