Update: Market Chatter: Amazon, Walmart's Flipkart Found Violating India's Product Quality Rules
An Amazon India spokesperson said the firm was engaged closely with regulators and other stakeholders, while a Flipkart spokesperson said the company worked with sellers for awareness and compliance with laws, according to the report.
"As a marketplace, we work with sellers to drive awareness and to comply with all applicable laws," Flipkart said in a statement emailed to MT Newswires. "The platform has several processes to review the listings sellers make on the marketplace, and also conducts regular audits to ensure compliance."
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
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Update: Market Chatter: Amazon, Walmart's Flipkart Found Violating India's Product Quality Rules
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