Flipkart, Amazon hit as govt tightens e-commerce norms3 min read . Updated: 27 Dec 2018, 03:44 PM IST
The revised e-commerce norms come in the backdrop of several complaints by traders on deep discounts offered by Flipkart and Amazon
Bengaluru/New Delhi: The government on Wednesday barred online retailers such as Flipkart and Amazon from selling products of companies in which they own stakes and disallowed them from entering into exclusive deals for merchandise, unveiling norms that industry figures warned could upend India’s $18 billion e-commerce industry.
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