U.S. Objects as India E-Commerce Rules hit Amazon and Walmart
The United States government has expressed concern about India’s revised e-commerce regulations, pointing out to officials in New Delhi that the policy will hinder the Indian investment plans of Amazon and Walmart.
These new e-commerce investment rules kick in on Feb. 1, and they ban companies from selling products via firms in which they have an equity interest. The new rules also bar them from making deals with sellers to sell exclusively on their platforms. The policies may be targeting Walmart, which just...
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