General
Indian retailer group calls for ban on Amazon in country after Reuters report
A leading group of Indian retailers on Wednesday urged the government to ban the local operations of Amazon.com Inc, after Reuters reported the U.S. e-commerce giant has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country’s strict foreign investment regulations.
The Reuters report, based on internal Amazon documents dated between 2012 and 2019, provided 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.
In a statement, the Confederation of All India Traders (CAIT), which says it represents 80 million…
-
General24 hours agoQantas terminal at Melbourne Airport evacuated and flights delayed due to fire
-
General21 hours agoHome of Andrii Yermak, Zelenskyy’s chief of staff, raided by anti-corruption unit
-
Business12 hours agoIs this the best ASX ETF to diversify your portfolio with?
-
General10 hours agoProtecting victims of explicit AI content online
