India raids offices of sellers using Amazon, Flipkart platforms, sources say ...Middle East

NEW DELHI: India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged violations of foreign investment rules, three government sources said on Thursday.The searches come weeks after Reuters reported India's antitrust body had found the two companies and their sellers violated competition laws by giving preference to select sellers on their platforms. Both companies have maintained they comply with Indian laws.The raids are the latest setback for Amazon and Flipkart, which count India as a key growth market where e-commerce sales are rapidly rising.One senior government source said raids were being carried out

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India raids offices of sellers using Amazon, Flipkart platforms, sources say ...Middle East

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