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The ED has asked Apple and Xiaomi to share sales data and other documents as part of its ongoing probe into ecommerce majors Amazon and Flipkart
The ED is investigating if the two ecommerce majors broke Indian laws by controlling inventory and influencing pricing, something foreign-owned platforms aren’t allowed to do under the current rules
However, phone companies were approached only for information, not as targets of the probe
The Enforcement Directorate (ED) has…
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The ED has asked Apple and Xiaomi to share sales data and other documents as part of its ongoing probe into ecommerce majors Amazon and Flipkart
The ED is investigating if the two ecommerce majors broke Indian laws by controlling inventory and influencing pricing, something foreign-owned platforms aren’t allowed to do under the current rules
However, phone companies were approached only for information, not as targets of the probe
The Enforcement Directorate (ED) has…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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