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Snapdeal backs ecommerce curbs, assures compliance

Updated : January 28, 2019 08:05 PM IST

India will from Feb. 1 impose restrictions on how e-commerce firms operate, including barring them from selling products from firms in which they have an equity interest, leading to protests from Amazon and Flipkart.
The government's move has jeopardised Amazon and Flipkart's plans to tap the fast-growing e-commerce market as it would require them to rethink their existing business structures and raise compliance costs, industry sources have said.
Snapdeal backs ecommerce curbs, assures compliance
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