India’s move to deter digital monopolies may hit Amazon, Walmart

e-tIndia’s move to deter digital monopolies may hit Amazon, WalmartIndia’s draft e-commerce rules to prevent creation of “digital monopolies” and aid local startups may raise costs and stymie expansion plans at companies such as Amazon.com Inc. and Walmart Inc. The draft rules seek to prescribe a code of conduct for online retailers and define cross-border flow of user data, according to a note titled Draft Ecommerce Policy, a copy of which was seen by Bloomberg News...
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