Many Indian retailers have in the past alleged that Amazon harms their businesses by flouting regulations and favouring a few big sellers.
A new report by news agency Reuters reveals that Amazon may not be playing the game by the rule book.
It was early 2019, and senior Amazon.com Inc executive Jay Carney was preparing for an important meeting. He was set to meet India's ambassador to the United States.
The meeting was scheduled right after the Indian government announced foreign direct investment regulations that threatened to disrupt Amazon's business in India. But the preparation before the meeting was not so simple for Carney.
Tune in to the podcast for more
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU