Amazon documents reveal secret strategy to dodge India’s regulators
Updated:
Updated:
February 18, 2021 13:30 IST
Traders in India have long alleged that Amazon’s platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing.
Share Article
AAA
Jeff Bezos, founder of Amazon, attends a company event in New Delhi, India on January 15, 2020.
| Photo Credit: Reuters
Traders in India have long alleged that Amazon’s platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing.
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, Mr. Carney was scheduled to talk with India’s ambassador to the United States in Washington, D.C. In Delhi, the government had just announced foreign direct investment regulations that threatened to disrupt Amazon’s business in the world’s second most populous country.