Flipkart, Amazon Hit As Government Looks To Ban 'Online Exclusive'

Name: Flipkart, Amazon Hit As Government Looks To Ban 'Online Exclusive'
Uploaded: Thu, 27 Dec 2018 08:49:12 +0530
Duration: 3 min 4 s
Description: India will ban e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest. In a statement, the government also said that the companies will be prevented from entering into exclusive agreements with sellers. The new rules will be applicable from February 1.

Published On: 27 December 2018 | Duration: 03:04

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India will ban e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest. In a statement, the government also said that the companies will be prevented from entering into exclusive agreements with sellers. The new rules will be applicable from February 1.

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