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By Aftab Ahmed and Sankalp Phartiyal
NEW DELHI/MUMBAI (Reuters) – India will ban e-commerce companies such as Amazon.com <AMZN.O> and Walmart <WMT.N>-owned Flipkart Accumulation from affairs articles from companies in which they accept an disinterestedness interest.
In a statement, the government additionally said that the companies will be prevented from entering into absolute agreements with sellers. The new rules will be applicative from February 1.
“An article accepting disinterestedness accord by e-commerce exchange article or its accumulation companies, or accepting ascendancy on its account by e-commerce exchange article or its accumulation companies, will not be acceptable to advertise its articles on the belvedere run by such exchange entity,” the business admiral said in a statement.
E-commerce companies can accomplish aggregate purchases through their broad units or added accumulation companies that in about-face advertise the articles to baddest sellers, such as their affiliates or added companies with which they accept agreements.
Those sellers can again advertise the articles to added companies or absolute to consumers, generally at alluringly low prices.
The new regulations chase complaints from Indian retailers and traders, who say the behemothic e-commerce companies are application their ascendancy over account from their affiliates, and through absolute sales agreements, to actualize an arbitrary exchange that allows them to advertise some articles at actual low prices.
The All India Online Vendors Association (AIOVA) in October filed a address with the anti-trust anatomy Antagonism Commission of India (CCI) alleging that Amazon favours merchants that it partly owns, such as Cloudtail and Appario. The antechamber accumulation filed a agnate address adjoin Flipkart in May, alleging abuse of antagonism rules through best analysis for baddest sellers.
Wednesday’s notification additionally said that the banknote aback that barter get as an allurement while online arcade should not be based on whether the artefact was purchased from an associate of the belvedere or not.
The new rules said that casework provided to vendors on an e-commerce belvedere and by that entity’s affiliates should be done so at arm’s breadth and in a fair and non-discriminatory manner.
What’s So Trendy About Create Logo Online India That Everyone Went Crazy Over It? – create logo online india
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