Tech News

Amazon Evading Indian Law : US officials guards business practices

Spread the love

US authorities hurried to safeguard Amazon’s strategic policies in India after Reuters detailed in February that the organization had supported certain dealers on its site and skirted local law that requires foreign e-commerce organizations to treat all merchants equally, archives acquired by the agency shows. 

Emails acquired through the US Freedom of Information Act from the Office of the United States Trade Representative (USTR) showed that US authorities arranged a note for John Kerry, a top agent of President Joe Biden, about the February 17 report. The note, contained in an email dated February 18, said that India’s antitrust watchdog had checked on numerous such claims against US online business organizations and discovered nothing incorrect. 

Biden’s emissary, previous US Secretary of State Kerry, is responsible for climate  change strategy. He planned to talk that day with India’s Commerce Minister Piyush Goyal. The US government was worried that Goyal would raise the Reuters story, so it quickly drafted a note about the Reuters story , so that in case he did, the emails show. 

The report in February, in view of inner Amazon archives, uncovered that the US firm has for quite a long time given particular treatment to a small group of sellers on its India stage, dodging the country’s intense foreign investment rules that are pointed toward securing small Indian brick-and-mortar retailers. 

The article worked up long stretches of discussion in India, starting calls from dealers to boycott Amazon. The CCI said in March that the story confirms the evidence it had gotten against Amazon. While the Enforcement Directorate, India’s financial-crime fighting office, asked Amazon for data and records related to the organization’s Indian activities, Reuters had reported. The CCI enforces India’s antitrust laws.

News Source

Related News : Ecommerce industry fails to get away from ongoing Covid-19 wave The Tech Chinese Billionaire Byte Dance CEO to step down in recent years

Recent Posts

Anahat Singh remains grounded despite her historic World Junior Squash Championship victory

After becoming the first Indian to win the World Junior Squash Championship, Anahat Singh says…

3 weeks ago

Major U.S. Tech Companies Back Open-Weight AI Models, While Anthropic Warns of Security Risks

A group of over 60 U.S. technology companies has urged policymakers to support the development…

3 weeks ago

Bank of Baroda Initiates Forensic Investigation into Alleged Data Breach

Bank of Baroda has launched a comprehensive forensic investigation. This move follows reports indicating that…

3 weeks ago

Unraveling Suhana Khan’s Response to Shah Rukh Khan’s Praise: The Inside Scoop

Beyond the Spotlight: Suhana Khan's Journey Navigating Fame and On-Screen Success

2 months ago

Alpha Trailer Unveils Alia Bhatt’s Explosive Mission Against Bobby Deol, Teases Hrithik Roshan’s Kabir Return.

The much-awaited trailer of Alpha has finally arrived, offering fans a deeper look into the…

2 months ago

As Ola’s Bhavish Aggarwal Faces Criticism, Zomato’s Deepinder Goyal Receives Praise for PR Savvy

The contrasting public images of two prominent Indian startup founders, Zomato's Deepinder Goyal and Ola's…

2 years ago

This website uses cookies.