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Amazon's plan to foray into retail food sector may be scuttled by govt's tightening of e-commerce rules
Fp Staff •In 2018, Amazon had proposed $500 million investment in retailing of food products in India.
E-commerce rules tightened; govt bans online firms from entering into exclusive agreements with sellers
•The government also said that e-commerce companies will be prevented from entering into exclusive agreements with sellers.
Flipkart and Amazon did not break regulations, not abusing market position in India: CCI
•The CCI added its “considered opinion” was that Amazon has also not broken the rules.