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Amazon’s Jeff Bezos faces protests, antitrust probe in India
- Bezos’ trip comes amid a probe on whether Amazon and Walmart-owned Flipkart are killing off local Indian sellers on their e-commerce platforms
- The Confederation of All India Traders, which says it represents 70 million small businesses, vowed ‘strong protests’ against Bezos in 300 cities
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Angry street traders in India on Wednesday vowed to stage protests against Amazon boss Jeff Bezos, who is visiting the country amid an antitrust investigation by local authorities into e-commerce giants.
Bezos, whose worth has been estimated at more than US$110 billion, is in India for a meeting of business leaders in New Delhi.
The Competition Commission of India announced on Monday that it was investigating Amazon and its main rival in the domestic market, the Walmart-owned Flipkart, over accusations they had killed off small businesses in India by favouring “preferred sellers” on their platforms.
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Media reports said Bezos has sought a meeting with India’s Prime Minister Narendra Modi, but neither the government nor Amazon would confirm if talks would be held.
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Amazon has said it will cooperate with the investigation and was “confident” it was operating legally.
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