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The world’s biggest tech companies are at serious risk of losing a $32 billion market

August 14, 2018

Apple, Amazon, Google, Facebook and other US tech titans are facing major hurdles on selling online in India, thanks to a new ecommerce bill which prioritises homegrown firms.

According to The Wall Street Journal, which has seen a draft of the bill, the new rules would create a hostile environment for foreign tech giants, despite India being relatively open to outside competition. The Economic Times also reported on the proposals at the end of July.

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