In a special report, Reuters revealed that 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. The revelations are contained in hundreds of internal Amazon documents reviewed by Reuters. The documents, dated between 2012 and 2019, provide an inside look at the cat-and-mouse game Amazon has played with India’s government, adjusting its corporate structures each time the government imposed new restrictions aimed at protecting small traders. With Amazon facing increasing scrutiny by Indian regulators, news of the strategy detailed in the documents could deepen the risks for the company in one of its key growth markets.
Business & FinanceTechnology
Reuters Special Report: Amazon documents reveal company’s secret strategy to dodge Indian regulators
17 February 2021, 3:58 pm 1 minute
Article Tags
Topics of Interest: Business & FinanceTechnology
Type: Reuters Best
Sectors: Business & FinanceEquitiesTechnology
Regions: AsiaEmerging MarketsNorth America
Countries: India
Win Types: Exclusivity
Story Types: Exclusive / ScoopSpecial Report / Insight
Media Types: Text
Customer Impact: Important Regional Story