India Investigating Amazon For Violating Ecommerce Laws
Book2Book Tuesday 09 Sep 2014
Just over a month after Amazon announced a whopping $2 billion investment into expanding its India ecommerce operations, India's press is reporting that an arm of the Finance Ministry is investigating the company, along with Silicon Valley favorite Flipkart and other foreign-invested ecommerce outfits, for violating the country's laws banning foreign direct investment in retail ecommerce.
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