ED may summon Amazon, Flipkart executives as companies face heat in India
The Enforcement Directorate is intensifying its investigation into Amazon and Flipkart for alleged violations of foreign investment regulations. The agency conducted raids on sellers associated with both companies. The ED suspects that Amazon and Flipkart exert excessive control over inventory through these sellers. This practice potentially violates Indian laws governing foreign e-commerce companies. Both companies assert compliance with all regulations.
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