Global antitrust practitioners are lauding the new FDI in e-commercerules, which kicked in last week, and said the new rules will prevent technology companies from forming monopolies in India. They termed it as a step in the right direction to protect smaller businesses which sell on platforms like Amazon. However, some felt that the rules should not be restricted only to companies with foreign ownership, but be applicable to domestic players as well to prevent it from benefitting a select few companies.

Publication: Economic Times (Online)

Date: February 4, 2019