India's antitrust body launched raids on Thursday against two top domestic sellers of online retail giant Amazon.com Inc over accusations of having violated competition laws, two sources with direct knowledge of the matter told Reuters. Indian retailers, a key part of Prime Minister Narendra Modi’s support base, have long contended that Amazon’s platform largely benefits a few big sellers, with …
India’s antitrust body launched raids early on Thursday against two top domestic sellers of online retail giant Amazon.com Inc, and some on Walmart’s Flipkart, following accusations of competition law violations, sources told Reuters. Indian retailers, key supporters of Prime Minister Narendra Modi, have long contended that Amazon and Flipkart‘s platforms benefit a few big sellers, via predatory pricing, though the …
