Amazon has urged the Indian government not to change e-commerce foreign investment rules until investigations into its business practices had been concluded.
As per an Economic Times report, the government has been planning to revise e-commerce foreign investment rules for weeks. The last time they were changed, in 2018, it forced Amazon and Flipkart to rework their business structures and soured trade relations between India and the United States.
Last month a Reuters report, based on internal Amazon documents, revealed that the US firm had for years given preferential treatment to a small group of sellers on its platform, giving them discounted fees and helping one cut special deals with big tech manufacturers.
Amazon said, CCI and the Enforcement Directorate were probing the allegations and it would be premature to make any policy change until those proceedings have concluded. It added that it welcomed the government consultation process and the foreign investment policy needs to be stable and predictable for investor confidence.












