Exclusive: Amazon faces new antitrust challenge from Indian online sellers

Laveta Brigham

By Aditya Kalra

NEW DELHI (Reuters) – A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the U.S. company favours some retailers whose online discounts drive independent vendors out of business, a legal filing seen by Reuters showed.

The case presents a new regulatory challenge for Amazon in India, where it has committed $6.5 billion in investment but is battling a complex regulatory environment.

In January, the Competition Commission of India (CCI) had ordered an investigation of Amazon and rival Flipkart, owned by Walmart , over alleged violations of competition law and certain discounting practices, which Amazon is challenging, according to court filings.

In the latest case, the All India Online Vendors Association, members of which sell goods on Amazon and Flipkart, allege Amazon engages in unfair business practices.

The group alleges that Amazon India’s wholesale arm buys goods in bulk

Read More

Amazon faces new antitrust challenge from Indian online sellers, legal documents show

Laveta Brigham

By Aditya Kalra

NEW DELHI (Reuters) – A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the U.S. company favours some retailers whose online discounts drive independent vendors out of business, a legal filing seen by Reuters showed.

The case presents a new regulatory challenge for Amazon in India, where it has committed $6.5 billion in investment but is battling a complex regulatory environment.

In January, the Competition Commission of India (CCI) had ordered an investigation of Amazon and rival Flipkart, owned by Walmart , over alleged violations of competition law and certain discounting practices, which Amazon is challenging, according to court filings.

In the latest case, the All India Online Vendors Association, members of which sell goods on Amazon and Flipkart, allege Amazon engages in unfair business practices.

The group alleges that Amazon India’s wholesale arm buys goods in bulk

Read More

Frustrated Amazon sellers slam Bezos for claiming his retail platform empowers small businesses

Laveta Brigham

Amazon CEO Jeff Bezos testifies remotely during a House Judiciary subcommittee on antitrust on Capitol Hill on Wednesday, July 29, 2020.
Amazon CEO Jeff Bezos testifies remotely during a House Judiciary subcommittee on antitrust on Capitol Hill on Wednesday, July 29, 2020.

Mandel Ngan/Pool via AP

  • Amazon CEO Jeff Bezos joined the leaders of Apple, Facebook, and Google on July 29 to testify before Congress on antitrust issues. 

  • For Bezos, how Amazon competes with its third-party selling business comprised quite a bit of the questioning. 

  • Bezos maintained that Amazon elevates small business owners like its third-party sellers. But some Amazon sellers don’t agree. 

  • Amazon did not respond to a request for comment for this story. 

  • Visit Business Insider’s homepage for more stories.

When Amazon CEO Jeff Bezos testified with three other tech leaders on July 29 on antitrust issues, many of those who make their livelihood on Amazon’s retail marketplace tuned in.

There are approximately 1.7 million third-party sellers on Amazon, according to Bezos, and more than 200,000 of them generated

Read More

Virus fears force animal sellers online for Muslim festival

Laveta Brigham

Prancing in front of a camera with its blond mane blowing in the wind, “007” is one of thousands of goats being sold online as Muslims prepare for a key religious festival shaken this year by the coronavirus pandemic.

Millions of goats, sheep and cattle are slaughtered annually at Eid al-Adha — the festival of sacrifice — one of two major holy days observed by Muslims across the world, including some 600 million in South Asia.

The pandemic has, however, badly hit India, Bangladesh and Pakistan, which have shut or heavily restricted major markets, while fears about catching the virus are keeping customers away ahead of the main festival on Saturday.

“We were traumatised by the loss of two of my uncles to COVID-19 and didn’t want to sacrifice an animal,” Saddid Hossain told AFP in Bangladesh’s capital Dhaka.

“But we have to stay within our religious tradition, so we’d

Read More

Big Issue sellers to resume street sales with PPE and contactless card machines

Laveta Brigham

Big Issue vendors are set to return to the streets next week with personal protective equipment (PPE) and contactless payment card machines to help keep them safe during the coronavirus pandemic.

On 20 March, around 2,000 vendors were withdrawn due to the coronavirus lockdown but sales of the magazine have continued through subscriptions and at supermarkets and other stores.

Now, The Big Issue Group has announced that its sellers will return in England, Wales and Scotland from 6 July, supported by a health and safety plan of action which ensures they are able to sell the magazine safely and customers are able to buy with confidence.

As part of the new rules, sellers will be given access to PPE, including face masks, visors, latex gloves and hand sanitiser. They will also be provided with new bags for the magazines and contactless card payment equipment.

Some local sellers might also be

Read More

Sellers Place Key Pics in Cannes Virtual Market

Laveta Brigham

Click here to read the full article.

The Cannes Marché du Film, along with a sales initiative led by Hollywood agencies, is hosting the first major virtual market since the start of pandemic, starting on June 23. Distributors and sales agents are looking forward to it: the turn-up for the online Cannes Marché du Film is significant with more than 7,000 accredited participants as of mid-June.

“As nobody can leave their house, a virtual market is the next best thing. It’s a valid and worthwhile effort … people need something to initiate interactions. If this virtual market can help in some way to stimulate business that’s a great thing,” says Dylan Leiner at Sony Pictures Classics.

More from Variety

Here’s a look at some key titles for sale:

“Balestra”

Director: Nicole Dorsey

Producers: Pierre Even

A disgraced competitive fencer (Tessa Thompson) is aiming for her Olympic comeback. She receives a

Read More

The sellers to buy from instead of Amazon

Laveta Brigham

Shutterstock
Shutterstock

Whether you’re a bibliophile or not, visiting an independent bookshop is a calming and enjoyable experience. There’s a real joy to surrounding yourself with unread stories – old and new, pre-loved and ready-to-be-loved, first editions and classics – you never truly know what you might find and fall in love with. The quietness and tranquillity also make them an easy place to pass the time.

Amazingly, considering the availability of cheap books online, independent bookshops started to pop up increasingly more last year – with the Booksellers Association reporting that the number of independent bookshops increased for the second year running by 16 per cent.

Yet, owing to coronavirus, all non-essential shops were forced to close their doors on 23 March, so many indie booksellers have been put at risk.

While the latest easing of lockdown restrictions means independent bookstores are now allowed to open, with strict social distancing

Read More