Amazon and Flipkart have become the latest casualties of the Indian government’s adventurism in regulating e-commerce in India. Just a few days after a crucial rule came into effect, Morgan Stanley predicted that Walmart may divest its stake in Flipkart, while The New York Times has forecast “less consumer choice and higher costs” for Indian consumers. Admittedly, the new rules are vague and imprecise, and the regulatory process through which they were enacted leaves much to be desired – leaving businesses uncertain about their obligations, and their consumers in a lurch.

Publication: The Wire (Online)

Date: February 6, 2019