Amazon Penalty
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Centre Plans To Sue Amazon, Flipkart Over 'Non-Certified' Products: Sources
Centre plans to sue e-commerce giants like Amazon, Flipkart and Bigbasket for selling non-certified products: Sources
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Amazon Could Benefit From Legal Loophole Which Italy's AGCM Is Trying to Work On
Italy's competition watchdog AGCM is trying to close a legal loophole that has allowed several companies to evade antitrust fines and may help Amazon in an ongoing appeal, a legal expert and two sources told Reuters. The law has been used by the Council of State, Italy's top administrative court, over the last three years to scrap several antitrust...
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Amazon Pay India Faces Penalty of Over Rs. 3.06 Crore by RBI for Non-Compliance
The Reserve Bank of India on Friday said it has imposed a penalty of over Rs. 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions related to Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction. "It was observed that the entity was non-compliant with the directions issued by RBI on KYC re...
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Draft Digital Personal Data Protection Bill Lets Easy Cross-Border Data Transfer, to Act as Relief for Big Tech
The government on Friday proposed a new data privacy law that allows the transfer and storage of personal data in some countries while raising the penalty for violations. The draft Digital Personal Data Protection (DPDP) Bill 2022 will be a great relief for Google, Amazon, Facebook and other global firms as it replaces an earlier version that had a...
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Amazon Seller Cloudtail India Fined Rs. 1 Lakh by CCPA for Selling Cookers in Violation of BIS Standards
The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs. 1 lakh on Cloudtail India for selling pressure cookers on Amazon in violation of mandatory BIS standards. The authority has asked Cloudtail to recall 1,033 pressure cookers and also reimburse the money to customers.
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Amazon Moves High Court Over Rs 1 Lakh Penalty In Pressure Cookers Case
Amazon today approached the Delhi High Court challenging an order of the Central Consumer Protection Authority or CCPA imposing a penalty of Rs 1 lakh for selling domestic pressure cookers that did not meet quality standards.
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CCPA Fines Amazon Rs. 1 Lakh Over Sale of Substandard Pressure Cookers: All Details
Amazon has been fined Rs. 1 lakh by the Central Consumer Protection Authority (CCPA) for the sale of 2,265 pressure cookers that failed to meet quality standards, according to the Department of Consumer Affairs. The CCPA had issued notices to major e-commerce platforms, including Amazon, Flipkart, Paytm Mall, ShopClues and Snapdeal as well as th...
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Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
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Amazon Fined Record EUR 1.13 Billion by Italian Antitrust Watchdog Over Abuse of Market Dominance
Italy's antitrust watchdog said it had fined Amazon EUR 1.13 billion (roughly Rs. 9,700 crore) for alleged abuse of market dominance, in one of the biggest penalties imposed on a US tech giant in Europe.
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Flipkart and Its Founders Said to Be Threatened With $1.35 Billion Fine by Enforcement Directorate
India's financial-crime agency has asked Walmart's Flipkart and its founders to explain why they shouldn't face a penalty of $1.35 billion (roughly Rs. 10,010 crores) for alleged violation of foreign investment laws, three sources and an agency official told Reuters.
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UK Chancellor Rishi Sunak Drawn Into In-Law Narayana Murthy Amazon Tax Dispute: Report
Cloudtail — the online retailing joint venture of Infosys co-founder N. R. Narayana Murthy's firm and Amazon — faced a GBP 5.5 million (roughly Rs. 56.83 crores) demand, including interest and penalties, from tax authorities after it paid "meagre" taxes over the past four years, a media report said.
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Amazon To Pay $1.2 Million In Settlement Over Pesticide Sales, US Says
Amazon.com Inc will pay a $1.2 million penalty to settle nearly 4,000 alleged violations of U.S. law in a move to prevent harmful exposure to pesticides through illegal sales, the U.S. Environmental Protection Agency said on Thursday.
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US FAA Proposes Fining Amazon $350,000 for Hazardous Package
The penalty is the largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of at least 24 hazardous materials violations in recent years.
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Centre Plans To Sue Amazon, Flipkart Over 'Non-Certified' Products: Sources
Centre plans to sue e-commerce giants like Amazon, Flipkart and Bigbasket for selling non-certified products: Sources
-
Amazon Could Benefit From Legal Loophole Which Italy's AGCM Is Trying to Work On
Italy's competition watchdog AGCM is trying to close a legal loophole that has allowed several companies to evade antitrust fines and may help Amazon in an ongoing appeal, a legal expert and two sources told Reuters. The law has been used by the Council of State, Italy's top administrative court, over the last three years to scrap several antitrust...
-
Amazon Pay India Faces Penalty of Over Rs. 3.06 Crore by RBI for Non-Compliance
The Reserve Bank of India on Friday said it has imposed a penalty of over Rs. 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions related to Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction. "It was observed that the entity was non-compliant with the directions issued by RBI on KYC re...
-
Draft Digital Personal Data Protection Bill Lets Easy Cross-Border Data Transfer, to Act as Relief for Big Tech
The government on Friday proposed a new data privacy law that allows the transfer and storage of personal data in some countries while raising the penalty for violations. The draft Digital Personal Data Protection (DPDP) Bill 2022 will be a great relief for Google, Amazon, Facebook and other global firms as it replaces an earlier version that had a...
-
Amazon Seller Cloudtail India Fined Rs. 1 Lakh by CCPA for Selling Cookers in Violation of BIS Standards
The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs. 1 lakh on Cloudtail India for selling pressure cookers on Amazon in violation of mandatory BIS standards. The authority has asked Cloudtail to recall 1,033 pressure cookers and also reimburse the money to customers.
-
Amazon Moves High Court Over Rs 1 Lakh Penalty In Pressure Cookers Case
Amazon today approached the Delhi High Court challenging an order of the Central Consumer Protection Authority or CCPA imposing a penalty of Rs 1 lakh for selling domestic pressure cookers that did not meet quality standards.
-
CCPA Fines Amazon Rs. 1 Lakh Over Sale of Substandard Pressure Cookers: All Details
Amazon has been fined Rs. 1 lakh by the Central Consumer Protection Authority (CCPA) for the sale of 2,265 pressure cookers that failed to meet quality standards, according to the Department of Consumer Affairs. The CCPA had issued notices to major e-commerce platforms, including Amazon, Flipkart, Paytm Mall, ShopClues and Snapdeal as well as th...
-
Amazon's Appeal Against Future Group Deal Antitrust Suspension Dismissed by India Tribunal
Amazon’s plea against antitrust suspension of its 2019’s $200 million investment deal with Future Group was dismissed by an Indian Appeals Tribunal. The tribunal held Amazon accountable "for its failure to provide relevant information on the combination".
-
Amazon Fined Record EUR 1.13 Billion by Italian Antitrust Watchdog Over Abuse of Market Dominance
Italy's antitrust watchdog said it had fined Amazon EUR 1.13 billion (roughly Rs. 9,700 crore) for alleged abuse of market dominance, in one of the biggest penalties imposed on a US tech giant in Europe.
-
Flipkart and Its Founders Said to Be Threatened With $1.35 Billion Fine by Enforcement Directorate
India's financial-crime agency has asked Walmart's Flipkart and its founders to explain why they shouldn't face a penalty of $1.35 billion (roughly Rs. 10,010 crores) for alleged violation of foreign investment laws, three sources and an agency official told Reuters.
-
UK Chancellor Rishi Sunak Drawn Into In-Law Narayana Murthy Amazon Tax Dispute: Report
Cloudtail — the online retailing joint venture of Infosys co-founder N. R. Narayana Murthy's firm and Amazon — faced a GBP 5.5 million (roughly Rs. 56.83 crores) demand, including interest and penalties, from tax authorities after it paid "meagre" taxes over the past four years, a media report said.
-
Amazon To Pay $1.2 Million In Settlement Over Pesticide Sales, US Says
Amazon.com Inc will pay a $1.2 million penalty to settle nearly 4,000 alleged violations of U.S. law in a move to prevent harmful exposure to pesticides through illegal sales, the U.S. Environmental Protection Agency said on Thursday.
-
US FAA Proposes Fining Amazon $350,000 for Hazardous Package
The penalty is the largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of at least 24 hazardous materials violations in recent years.
