Amazon investigates allegations of bribery of statutory agents of Indian government officials: report



2021 is turning into a tough year for tech giants as governments tire of monopoly more and more. Perhaps the biggest name in the tech industry, Amazon is currently the subject of an ICC investigation for suspected breach of Indian law. However, the issue of e-commerce giants in India appears to be settled, as Amazon has started investigating the behavior of legal agents in the world’s second largest internet marketplace.

India is one of Amazon’s main markets. In fact, the company has invested over $ 6.5 billion in India, and Amazon’s new CEO Andy Jassy is aiming for growth in India. In India, Amazon competes with Mukes Ambani’s retail websites, including Walmart’s Flipkart and Jio Mart. With more than 100,000 employees across India, it promises to digitize 10 million SMEs, enable $ 10 billion in exports and create 2 million jobs in the country by 2025. Amazon is doing facing several challenges in the pursuit of its objectives and the latest developments. Following a whistleblower complaint alleging that one or more legal representatives of the company bribed government officials.

This was disclosed in report According to The MorningContext, a media site two years ago.

So far, Amazon has sent senior lawyer Rahul Sundaram on vacation to determine whether Amazon-funded attorney fees have been used to bribe government officials.

Despite being Amazon Accused By circumventing and violating Indian law, using anti-competitive practices, favoring certain sellers over other sellers, and charging predatory prices, the company is clarifying its position on this issue. low. “We take allegations of inappropriate behavior seriously, investigate them thoroughly and take appropriate action. Amazon spokespersons have not commented on any particular allegations or the status of the investigation at this time. He added that he had “zero tolerance” against corruption.

It is not yet clear what this accusation means for Amazon. Amazon counts India as one of the largest markets due to its large population and the cheapest data rates in the world. Still, it doesn’t look good for e-commerce giants, especially if it is already the subject of CCI research and has just resurfaced in the majors. Judicial struggle With Reliance and Future Group.

Amazon investigates allegations of bribery of statutory agents of Indian government officials: report

Amazon investigates allegations of bribery of statutory agents of Indian government officials: report


Previous Amazon investigates lawyers for allegedly bribing Indian government officials
Next Two government officials caught accepting a Rs 1 lakh bribe from Damoh

No Comment

Leave a reply

Your email address will not be published.