Business Standard

E-commerce clampdown may not win back votes of small retailers for BJP

E-commerce firms such as Amazon.com, Flipkart Group will not be able to sell products from companies in which they have an equity interest or form exclusive agreements with sellers from Feb 1.

amazon, apple
Premium

saf

Manoj Kumar | Reuters New Delhi
The government's new curbs on e-commerce companies may not be enough to win over small store owners and traders in next year's general election, with the key voting bloc still seething over what it sees as broken promises by Prime Minister Narendra Modi.

From February 1, e-commerce firms such as Amazon.com and Walmart-owned Flipkart Group will not be able to sell products from companies in which they have an equity interest or form exclusive agreements with sellers.

Intended to prevent predatory pricing and deep discounting, the curbs follow intense lobbying by India's many millions of small shopkeepers and the middlemen

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 28 2018 | 7:25 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com