E-commerce policy: Govt seeks to establish regulator, tighten controls

India wants to set up an e-commerce regulator and force companies such as Amazon to swiftly turn over information sought by authorities as part of a new policy being drafted, two sources familiar with the plan told Reuters.

The new policy will be India's latest effort to tighten control over e-commerce and is likely to raise compliance worries for top firms such as Amazon and Walmart's Flipkart that are already battling stricter foreign investment rules since last year. It comes at a time when the importance of such companies.....

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