Thirty five sellers, Cloudtail one of them, accounted for two-thirds of Amazon's sales in India, Reuters reported. The agency's reporting reveals how Amazon used legal manoeuvres to sidestep Indian regulations aimed at curbing deep discounting, and limiting Foreign Direct Investment. The report also reveals details of prep notes for meetings between Amazon officials and the Indian ambassador to the US and Prime Minister Narendra Modi. In the former meeting, Amazon warned a top official to not disclose the sales concentration in a small number of retailers, saying this information was 'sensitive'. We have reached out to Amazon for its responses to the report. The revelations may increase government scrutiny on the company, and have already inflamed local traders who have long considered e-commerce platforms to be an existential threat. Over the years, CAIT and other trade associations have accused Amazon…
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