RealDaddy
Repeatedly violating rules
- Jun 30, 2018
- 9,017
- 11,292
For India, a marketplace is a marketplace. A marketplace should not sell its own products or own equity in the products it sells. The reason? Preferential treatment.
http://www.google.com/url?q=http%3A%2F%2Fcm.wtaff.co%2Ft%2Fj-l-fihlhhk-iytuguttl-u%2F&sa=D&sntz=1&usg=AFQjCNEzid5fMKSE1QrGsCPFFOLgDQhGvQ proposed in India’s new law, which was announced in June.
Amazon’s reaction: Amazon, Flipkart, and Tata have all complained about this, with the most recent complaint coming http://www.google.com/url?q=http%3A%2F%2Fcm.wtaff.co%2Ft%2Fj-l-fihlhhk-iytuguttl-o%2F&sa=D&sntz=1&usg=AFQjCNHHk7SGf2WnUQMO_EfMHLYXWQFZSQ. According to them, this will “hurt sellers” and be harmful to the whole ecosystem.
The opportunity: If the Indian policy does its job, it should open the market for smaller entrants who want to sell to India’s vast 1.3 billion population. According to Indian politicians, the main reason for this law is that larger companies are collaborating with Amazon and Flipkart to make it more difficult for new players to enter the market.
Perhaps the only thing that will be hurt by all of this is Amazon's bottom line, at the expense of new and innovative players entering the market. Which might not be such a bad thing.
http://www.google.com/url?q=http%3A%2F%2Fcm.wtaff.co%2Ft%2Fj-l-fihlhhk-iytuguttl-u%2F&sa=D&sntz=1&usg=AFQjCNEzid5fMKSE1QrGsCPFFOLgDQhGvQ proposed in India’s new law, which was announced in June.
Amazon’s reaction: Amazon, Flipkart, and Tata have all complained about this, with the most recent complaint coming http://www.google.com/url?q=http%3A%2F%2Fcm.wtaff.co%2Ft%2Fj-l-fihlhhk-iytuguttl-o%2F&sa=D&sntz=1&usg=AFQjCNHHk7SGf2WnUQMO_EfMHLYXWQFZSQ. According to them, this will “hurt sellers” and be harmful to the whole ecosystem.
The opportunity: If the Indian policy does its job, it should open the market for smaller entrants who want to sell to India’s vast 1.3 billion population. According to Indian politicians, the main reason for this law is that larger companies are collaborating with Amazon and Flipkart to make it more difficult for new players to enter the market.
Perhaps the only thing that will be hurt by all of this is Amazon's bottom line, at the expense of new and innovative players entering the market. Which might not be such a bad thing.