Reuters Reports Amazon Sought to Dodge India's Regulators, Amazon Disputes Report
February 17 2021 - 2:15PM
Dow Jones News
--Reuters published a special report Wednesday citing documents
that the news agency said showed Amazon.com Inc.'s "strategy to
dodge India's regulators."
--Amazon disputed Reuters' findings saying, in a written
response to the news agency, that: "The reporting appears based on
unsubstantiated, incomplete, and/or factually incorrect
information, likely supplied (maliciously) with the intention of
creating sensation and discrediting Amazon."
--The documents, Reuters said, showed that for years the online
retailer gave "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 regulatory
restrictions here."
--The documents date from 2012 to 2019 and include drafts of
meeting notes, PowerPoint slides, business reports and emails,
Reuters said.
Full story:
https://www.reuters.com/article/us-amazon-india-operation-special-report/special-report-amazon-documents-reveal-companys-secret-strategy-to-dodge-indias-regulators-idUSKBN2AH1HS?il=0
(END) Dow Jones Newswires
February 17, 2021 14:00 ET (19:00 GMT)
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