Flipkart, Amazon hit as govt tightens e-commerce norms

Tightening e-commerce norms for online retail firms, such as Flipkart and Amazon, the government on Wednesday took a host of steps and barred them from selling products of the companies in which they have stakes. The commerce and industry ministry also prohibited e-commerce companies from entering into exclusive deals for products. These changes will come into effect from 1 February 2019.The decision comes in the backdrop of several complaints by domestic traders on heavy discounts being given b
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