New Rule Adds Wrinkle to Walmart’s India Plans —


India has passed new laws that further restrict the ability of foreign retailers to sell to consumers:

“Now, big foreign firms will no longer be able to treat the third parties, such as RetailNet, Super-ComNet, and OmniTech Retail, as effective extensions of their businesses. “Inventory of a vendor will be deemed to be controlled by [an] e-commerce marketplace entity if more than 25% of purchases of such vendor are from the marketplace entity or its group companies,” the new regulation reads, according to the Economic Times.”


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