Amazon favored big sellers on its India platform – and used them to maneuver around rules meant to protect the country's small retailers from getting crushed by e-commerce giants, internal documents show
Revised FDI norms for e-commerce firms paralyses functioning of Amazon's Global Store; product range plunges
After the new e-commerce rules came into effect last month, Amazon was forced to take down an array of items from its India website including Echo speakers, batteries and floor cleaners, reported Reuters.
New e-commerce policy draft is a jugaad ropewalk, makes govt vulnerable to litigation, other loopholes
The first draft of the e-commerce policy last December set the stage for a new regime by cracking down on cosy, exclusive deals between marketplaces and their affiliate sellers.
Economic liberalisation worked well for e-commerce sector; now govt has taken a step back with new guidelines
In the wake of the current regime of liberalisation in e-commerce trade adopted by the government for more than a decade now, such a step by DIPP is restrictive.
New FDI norms in e-commerce: Amazon's JV with Catamaran in Prione Business Services undergoes rejig; Cloudtail makes a comeback
Amazon's joint venture with Catamaran Ventures, Prione Business Services, which runs one of Amazon.in's largest sellers Cloudtail, has been restructured to meet compliance with new FDI rules for e-commerce introduced earlier this month
Amazon had to remove items as it indirectly held 49% equity stakes in both Cloudtail and Appario.
Walmart may move out of Flipkart after changes in FDI norms for e-commerce firms, warns Morgan Stanley
Walmart-backed Flipkart on 1 February had said it was disappointed with the government's decision to implement the changes in rules for e-commerce companies with foreign investment in "haste".
No groceries at Amazon, no replacement of products through Cloudtail; big e-tailers will wriggle their way through
When rules are not followed by the government, e-commerce majors have found it convenient to sell through subsidiaries.
Amazon sees long-term prospects in India, says evaluating changes in FDI rules to avoid 'unintended consequences'
Both Amazon and Flipkart had extensively lobbied (directly as well as through associations and trade bodies) with government officials seeking an extension in deadline after the proposed changes were announced in December.
Amazon's plan to foray into retail food sector may be scuttled by govt's tightening of e-commerce rules
In 2018, Amazon had proposed $500 million investment in retailing of food products in India.
New e-commerce policy aids smaller players by breaking unholy nexus between marketplace and affiliate sellers
The domestic lobby has succeeded in convincing the government that friendliness towards FDI in e-commerce should not hamper healthy competition
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.
The CCI added its “considered opinion” was that Amazon has also not broken the rules.
Amazon confirmed winning government approval for its plan to sell food products, but it declined to provide further details.
If technology has increased risks, it is best if these risks are borne by people who can handle the high costs of failure. This is why 100 percent FDI in online marketplaces is inevitable