US Senator Warren urges Amazon breakup, India retailers want probe after Reuters story | Malay Mail

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NEW DELHI, Oct 14 — US Senator Elizabeth Warren called for breaking up Amazon.com Inc and Indian retailers demanded a government probe of the company after a Reuters investigation showed the e-commerce giant had copied products and rigged search results in India. The Reuters report, reviewing...

NEW DELHI, Oct 14 — US Senator Elizabeth Warren called for breaking up Amazon.com Inc and Indian retailers demanded a government probe of the company after a Reuters investigation showed the e-commerce giant had copied products and rigged search results in India.

Indian retailers say foreign e-commerce businesses like Amazon and Walmart Inc’s Flipkart indulge in unfair business practices that hurt smaller firms, allegations the companies deny.In response to questions for yesterday’s report, Amazon said, “We believe these claims are factually incorrect and unsubstantiated”. The company did not elaborate.

The Amazon documents reviewed by Reuters showed how the company’s private-brands team in India secretly exploited internal data from its India unit to copy products sold by other companies, then offered them on its platform.

 

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