wordpress blog stats
Connect with us

Hi, what are you looking for?

Amazon Lobbies With US Govt To Push FDI In E-Commerce In India

E-Commerce giant Amazon has been lobbying with the US government to seek their support for pushing foreign direct investment in India among other issues, according to a lobby disclosure report filed by the company with the US Senate (hat tip - PTI). According to the report, Amazon has been lobbying with the U.S. Trade Representative (USTR), the US house of representatives, US Department of Commerce and Department of State on this issue. While the lobby spend for this specific issue was not disclosed, Amazon mentioned that it has spent a total $960,000 across various issues during the quarter. These include issues related to free trade agreements, corporate tax reform, online wine sales, unmanned aerial vehicles and intellectual property issues. Lobbying in India: In India, Amazon has been continuously engaging with the Indian government to relax the regulations against foreign e-commerce companies and allow foreign direct investment in online retail. Amazon's global vice president Paul Misener had met with Anand Sharma in February 2013 and again in July 2013 to discuss this issue. In November 2013, a PTI report quoted Amazon director and general manager (seller services) Amit Deshpande saying that they are engaging with the government to relax FDI norms in e-commerce space, following which it can adopt a US-like hybrid model wherein Amazon will start retailing products along with the existing marketplace. Note that Amazon marketplace accounts for around 40% of their business in the US. Following a long ambiguity in the Indian Government's stance on FDI in e-commerce, the Department of Industrial Policy and Promotion (DIPP) had floated a discussion paper on e-commerce…

Please subscribe/login to read the full story.
Written By

Free Reads

News

TCA's order stated that Meta combines the data of users who create Threads profiles based on their Instagram accounts without providing users with a...

News

The new policy will allow general distribution of AI-generated writing that is disclosed and is outside the paywall, but will not be eligible to...

News

Microsoft announces an expansion of its Content Integrity tools to the EU, aiming to secure digital content in political campaigns and news organizations.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ