400K+ items, making up about a third of Amazon's ~$6B in annual sales in India, may disappear from Amazon India, while it works to meet new compliance rules
and a big one is in India Jon Russell / TechCrunch : Amazon and Flipkart pull 100,000s of products to comply with new Indian law John Adams / PaymentsSource : How politics are carving up the global payments market Patrick Sisson / Curbed : Amazon reports growth for Alexa and Prime, plus more warehouse investments Paul Whitfield / Investor's Business Daily : Dow Jones Leads Stock Market, But This New Issue Hurts Amazon And Walmart PYMNTS.com : New India eCommerce Rules Spur Amazon To Remove Some Items Financial Times : India's ecommerce law forces Amazon and Flipkart to pull products James Vincent / The Verge : Amazon and Walmart hit hard after new e-commerce rules in India restrict sales Abhimanyu Ghoshal / The Next Web : Here's why Amazon can't sell its own products in India right now Sneha Johari / MediaNama : DIPP to not extend FDI in eCommerce policy deadline; CAIT “deeply satisfied” BGR India : Amazon Echo smart speakers back on sale, Amazon Basics products still unavailable Tia Bot / Tech in Asia : In brief: Ebay plans to re-enter India despite new ecommerce FDI policy Fortune : China Talks, Pierre Nanterme, Amazon India: CEO Daily for February 1, 2019 Spencer Soper / Bloomberg : Amazon Shares Drop on Concerns About Rising Costs, India Growth Tweets: Zephyr Teachout / @zephyrteachout : Great point from @linamkhan: if you read the New York Times article without context, the rule doesn't make sense—the article leads with something that could come from Amazon's PR dept. This is about separating the sellers and the platform and limiting conflicts of interest. http://twitter.com/... Lina Khan / @linamkhan : Interestingly, @nytimes describes India's rule as “protectionism.” But this sort of structural separation has been a key principle in US competition policy. For example, Congress in 1906 passed a law prohibiting railroads from transporting goods they owned https://www.nytimes.com/... Natalihelberger / @nhelberger : Protectionism it is, but there is something to protect, too. Growing dependency on infrastructure of few Silicon Valley companies is deeply worrying, not only in commerce. The sirene call of better tech, cheaper, faster makes countries lazy to invest in own national structures. http://twitter.com/... Jason Del Rey / @delrey : Amazon's international business was already growing slowly. New regulation in India is going to hurt more http://twitter.com/...