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: Amazon has spent over Rs 8.5k crore to pay legal fees in India   #IndiaNEWS #Business New Delhi: US e-commerce giant Amazon, is currently said to be investigating alleged bribes paid by its legal

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Posted in: #IndiaNEWS

Amazon has spent over Rs 8.5k crore to pay legal fees in India   #IndiaNEWS #Business
New Delhi: US e-commerce giant Amazon, is currently said to be investigating alleged bribes paid by its legal representatives in India. Amazon however, has officially spent a staggering Rs 8,546 crore or USD 1.2 billion in legal expenses for maintaining a presence in India during 2018-20, sources said.
Sources are aware of the firm’s public account filings. They said entities of Amazon – including Amazon Retail India Pvt Ltd, Amazon Seller Services Pvt Ltd, Amazon Transportation Services Pvt Ltd, Amazon Wholesale (India) Pvt Ltd, and Amazon Internet Services Pvt Ltd (AWS) – paid Rs 3,420 crore in India during 2018-19 and Rs 5,126 crore during 2019-20 towards legal fees.
Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India (CCI).
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