Olx, a Brazilian online marketplace, has been banned in India for allegedly violating local laws. The company is accused of not complying with regulations around advertising and selling products without a license. The ban comes as part of a wider crackdown on online marketplaces in India. In March, Amazon was also banned from selling products in the country after the government said it was not following rules around taxation and employment. Olx has faced criticism in the past for its low prices and lack of transparency about where products come from. The company has also been accused of exploiting its workers by paying them very low wages. The ban could have a significant impact on Olx’s business in India, which is estimated to be worth $1 billion. The company has already lost millions of dollars since the ban was announced last week. ..
