Monday, 18 November, 2024

Enforcement Directorate Probes Amazon And Flipkart Over Seller Relationships

The Enforcement Directorate (ED) has initiated investigations into Amazon and Flipkart regarding their ties with specific sellers. The probe examines alleged violations of foreign direct investment (FDI) norms, focusing on the companies’ indirect control over sellers and pricing practices. Authorities aim to ensure compliance with regulations meant to protect market competition. The move intensifies scrutiny on e-commerce giants operating in India’s rapidly expanding online retail market.