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New draft e-commerce policy will fix loopholes: Report

New draft e-commerce policy will fix loopholes: Report

Saturday, December 29, 2018, 7:40 PM

A draft e-commerce policy is in the works that could curb practices that favour e-tailers, as per a report in Business Standard. The DIPP earlier this week changed the FDI rules for the e-commerce space. The new rules do not allow e-commerce players such as Amazon and Flipkart to sell their own products on the marketplace, and potentially stops massive discounts and cashbacks.
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