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Found 2 results

  1. This news is some days old, but I don't see it posted here, so I'm posting it. Effective from February 1st, 2019, Indian Govt. has banned e-commerce sites from selling products of their own or from firms where they have equity interest. Such companies will also be prevented from entering into agreements with sellers. From the source article - In a statement, the government also said that the companies will be prevented from entering into exclusive agreements with sellers. The new rules will be applicable from February 1. “An entity having equity participation by e-commerce marketplace entity or its group companies, or having control on its inventory by e-commerce marketplace entity or its group companies, will not be permitted to sell its products on the platform run by such marketplace entity,” the commerce ministry said in a statement. Ecommerce companies can make bulk purchases through their wholesale units or other group companies that in turn sell the products to select sellers, such as their affiliates or other companies with which they have agreements. Those sellers can then sell the products to other companies or direct to consumers, often at attractively low prices. The new regulations follow complaints from Indian retailers and traders, who say the giant e-commerce companies are using their control over inventory from their affiliates, and through exclusive sales agreements, to create an unfair marketplace that allows them to sell some products at very low prices. The All India Online Vendors Association (AIOVA) in October filed a petition with the anti-trust body Competition Commission of India (CCI) alleging that Amazon favors merchants that it partly owns, such as Cloudtail and Appario. The lobby group filed a similar petition against Flipkart in May, alleging violation of competition rules through preferential treatment for select sellers. Wednesday’s notification also said that the cash back that customers get as an incentive while online shopping should not be based on whether the product was purchased from an affiliate of the platform or not. These new rules are being put into place mainly to appease small traders who fear competition. So from February, you can say goodbye to Cloudtail (Which is mentioned specifically in source article) or Retailnet etc. Only 3rd party sellers on e-commerce sites. Source: https://venturebeat.com/2018/12/26/india-bans-ecommerce-companies-from-selling-their-own-products/
  2. Finally Amazon Japan has started to ship games and consoled internationally Read here for more details: http://www.forbes.com/sites/olliebarder/2016/03/09/amazon-japan-now-ships-videogames-internationally/
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