Amazon Deployed Secret Strategy To Dodge Indian Regulators: Report
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Amazon Deployed Secret Strategy To Dodge Indian Regulators: Report

Newsdesk |
February 18, 2021

Amazon has for years given preferential treatment to a small group of sellers on its India platform, publicly misrepresented its ties with the sellers and used them to circumvent increasingly tough foreign investment rules that affect e-commerce, internal company documents reviewed by Reuters show. The documents, dated between 2012 and 2019, are reported here for the first time. They provide an inside look at the cat-and-mouse game Amazon has played with the government, adjusting its corporate structures each time the government imposed new restrictions aimed at protecting small traders.


New Delhi, 18 February 2021

As per news report of NDTV, with Amazon facing increasing scrutiny by regulators, news of the strategy detailed in the documents could deepen the risks for the company in one of its key growth markets. Traders, who are a crucial part of Prime Minister Narendra Modi's support base, have long alleged that Amazon's platform largely benefits a few big sellers and that the e-commerce giant engages in predatory pricing that harms their businesses.

Source - NDTV

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