Sunday, April 18, 2021

"Amazon tells Indian court - Reuters story is no reason to resume antitrust probe"

From Reuters, April 15: Inc (AMZN.O) told an Indian court on Thursday a Reuters special report into the e-commerce giant’s business practices should not be considered as evidence, as India’s competition watchdog sought to lift an injunction on an anti-trust probe.

The Reuters report showed the U.S. firm gave preferential treatment to a small group of sellers on its platform, sidestepping foreign investment rules meant to protect India's small retailers from being crushed by e-commerce giants.

To read the report click

The Competition Commission of India (CCI) order of investigation into Amazon and Walmart's Flipkart in January 2020 followed a complaint from a trader group, but a court put it on hold in February last year after the companies argued there was no evidence they were harming competition....


HT: TalkingBizNews,


"After Losing China, Jeff Bezos Really Wants to Win in India" (AMZN)

Reuters Special Report: "Amazon documents reveal company’s secret strategy to dodge India’s regulators"
There was a story a couple months ago that Amazon operatives in India had asked a court to jail one of their competitors.