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Indian retailer group calls for ban on Amazon in country after Reuters report

Indian retailer group calls for ban on Amazon in country after Reuters report 4 Min Read NEW DELHI (Reuters) - A leading group of Indian retailers on Wednesday urged the government to ban the local operations of Amazon.com Inc, after Reuters reported the U.S. e-commerce giant has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country’s strict foreign investment regulations. FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid

Amazon documents disclose secret strategy to dodge India regulators

Amazon documents disclose secret strategy to dodge India regulators Indian traders, both brick-and-mortar and smaller online sellers, have long alleged that Amazon s platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing that has crushed legions of retailers Reuters | February 17, 2021 | Updated 19:31 IST Representational Image It was early 2019, and senior Amazon.com Inc executive Jay Carney was preparing for an important meeting. The former press secretary to U.S. President Barack Obama, Carney was scheduled to talk with India s ambassador to the United States in Washington, D.C. In Delhi, the Indian government had just announced foreign direct investment regulations that threatened to disrupt Amazon s business in the world s second most populous country.

Special Report: Amazon documents reveal company s secret strategy to dodge India s regulators

Special Report: Amazon documents reveal company s secret strategy to dodge India s regulators
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