Key legislative changes, including the implementation of the Digital Personal Data Protection (DPDP) Act and the upcoming Digital Competition Bill, are set to reshape the operational landscape for these companies.
The Competition Commission of India (CCI) is already investigating Amazon and Flipkart over allegations related to favouring select sellers on their platforms. The Enforcement Directorate (ED) sometime back conducted raids across 19 locations, on reports that these companies maintain prohibited control over seller inventories. Regulations mandate e-commerce platforms to function solely as marketplaces, without directly holding inventory.
Pricing practices have also come under scrutiny. Commerce and industry minister, Piyush Goyal criticised Amazon's significant financial losses, suggesting they may be indicative of predatory pricing tactics designed to stifle competition.
Denne historien er fra December 31, 2024-utgaven av Financial Express Kochi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 31, 2024-utgaven av Financial Express Kochi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
MRF: Crude prices, Re slide driving surge in tyre prices
RISING CRUDE OIL prices and a depreciating rupee are driving up tyre costs, according to Arun Mammen, vice chairman and managing director of MRF.
PLFS reflects positive employment trends
As India strides towards the vision of Viksit Bharat, empowering youth with the right skills and work experience continues to be a priority
Davos Turns Into Fortress
GIVEN THE HIGH-profile nature of the event, beginning Monday, the security is both discreet and visible and comprises snipers, drone jammers, regular frisking and checking and round-the-clock patrol.
Petroleum products exports rise 2% in April-December
INDIA'S EXPORTS OF petroleum products grew marginally by 1.5% to 47.5 million tonne during April-December, compared to 46.8 million tonne in the same period last fiscal, according to data from the Petroleum Planning and Analysis Cell.
TN loses investment body chief ahead of meet
VISHNU VENUGOPALAN, MD & CEO of Guidance Tamil Nadu and a key bureaucrat instrumental in attracting major investments, including Cisco, Jabil, and Ford Motor's re-entry into the state, has exited the agency, multiple sources told FE.
Fighting halts in Gaza as ceasefire begins, Hamas frees 3 hostages
PALESTINIANS POURED INTO the streets to celebrate and return to the rubble of their bombed-out homes on Sunday, and Hamas released the first three hostages under a ceasefire deal that halted fighting in Gaza.
Trade Partner Or Adversary?
India must think beyond China-Plus-One strategy as the world trade order is rapidly changing
Comfortable design for 24/7 wear
It tracks fitness, sleep, stress & other key health vitals
Tech firms face setback as Wi-Fi spectrum allocation plan nixed
DoT DECISION MAY DELAY ADOPTION OF NEXT-GENERATION DEVICES
Mkt volatility may force life insurers to rethink ULIP plans
A prolonged volatility in the stock markets could dampen the investor appetite for unit linked insurance plans (ULIPs), prompting life insurers to shift the focus towards guaranteed income and pure protection plans like term insurance, industry experts said.
