Another interesting update concerning #Amazon. Do you think eCommerce giant should be able to compete with their own sellers?
"India has introduced a new rule prohibiting e-commerce platforms from selling their own goods on the platform. The idea is you can either run the marketplace, or sell your goods on the marketplace, but not both.
The rule responds to a problem that merchants selling on Amazon routinely face: Amazon will spot their best-selling products and then produce an Amazon-branded version, demoting them in replacement listings and eating their sales." - according to this legal expert
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Amazon forced to pull products in India as new rules bite The rules prevent online retailers from selling products through vendors in which they hold an equity stake.
The regulations are expected to have a far-reaching impact on India's e-commerce sector, which has drawn billions in foreign investment. Read full story
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