Garavi Gujarat USA

Indian retailers urge to investigat­e Amazon

-

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

The Reuters report reviewing thousands of internal Amazon documents, found that the US company ran a systematic campaign of creating knockoffs and manipulati­ng search results to boost its own private brands in India, one of the company’s largest growth markets.

The report showed that, at least in India, manipulati­ng search results to favour Amazon’s products, as well as copying other sellers’ goods, were part of a formal strategy at Amazon

– and that at least two senior executives had reviewed it.

The Reuters investigat­ion drew bipartisan criticism of Amazon from US lawmakers.

Linking to the story on Twitter and Facebook, Warren, a long-time critic of Amazon, said ‘these documents show what we feared about Amazon’s monopoly power - that the company is willing and able to rig its platform to benefit its bottom line while stiffing small businesses and entreprene­urs.’

‘This is one of the many reasons we need to break it up,’ she said.

Warren, a prominent Democrat, advocated the breakup of Amazon and other tech giants in 2019 when she was running for president. Since then, as a senator from Massachuse­tts, she has continued to apply pressure on companies like Amazon. Ken Buck, a Republican on the House of Representa­tives antitrust subcommitt­ee, also shared the story on social media.

Asked for comment on the reactions, Amazon issued a statement. ‘These allegation­s are incorrect and unsubstant­iated,’ it said. ‘We display search results based on relevance to the customers, irrespecti­ve of whether such products are private brands offered by sellers or not.’ Amazon said it ‘strictly prohibits the use or sharing of non-public, seller-specific data with sellers, including with sellers of private brands,‘ and investigat­es reports of its employees acting contrary to that policy.

Newspapers in English

Newspapers from United States