E-commerce norms may prove to be a dampener

The government’s foreign direct investment norms for e-commerce marketplaces issued on Tuesday may prove to be a dampener for consumers due to the clampdown on pricing freedom for marketplace operators and lack of adequate post-sales safeguards.

“Exact numbers are not available, but it is definitely more than 25 per cent (in these cases),” said Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research.”

Source: The Hindu

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