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ED searches 19 premises of Amazon, Flipkart vendors in FEMA probe

  • The Enforcement Directorate (ED) conducted searches against vendors operating on Amazon and Flipkart platforms.
  • A total of 19 premises of these vendors were covered during the search.
  • The ED initiated a probe under FEMA after receiving complaints of violation of FDI rules by the ecommerce companies.
  • Competition Commission of India (CCI) had also issued penalty notices to Amazon and Flipkart for engaging in anti-competitive practices.

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