Synopsis
Amazon favoured big sellers on its India platform and used them to maneuver around rules meant to protect the country s small retailers from getting crushed by e-commerce giants, internal documents show.
New Delhi: 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.
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By Aditya Kalra NEW DELHI (Reuters) - It was early 2019, and senior Amazon.com Inc executive Jay Carney was preparing for an important meeting. The fo.
Read more about Amazon documents reveal its strategy to dodge India s regulators: Report on Business Standard. Amazon internal documents show 35 of more than 400,000 sellers in India accounted for around two-thirds of its online sales in early 2019