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Indian retailers call for ban on Amazon in country Reuters/New Delhi Alamy e-commerce giant claimed to have given preferential treatment to small group of sellers on platform. 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. The Reuters report here, based on internal Amazon documents dated between 2012 an...

Amazon India chief Amit Agarwal has responded to the ongoing controversy over the news organisation Reuters’ story that alleged that the e-commerce giant dodged Indian regulators in circumventing local laws on foreign direct investment (FDI) in e-commerce. The story talked about how 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. “The story is unsubstantiated, incomplete, factually incorrect....