The article “FCPA Ripples” highlights, among other topics, how Foreign Corrupt Practices Act scrutiny and enforcement can impact a company’s business operations and strategy in a variety of ways including “offensive” use of the FCPA by a competitor or adversary to achieve a business objective or to further advance a litigating position.
Amazon, like certain other companies, has fans and detractors as well.
In the later category is the Confederation of All India Traders (CAIT), an organization which represents million of retail stores in India. CAIT has long raised concerns about Amazon’s business operations in India. (See here “CAIT Seeks Ban on Amazon in India” and here “CAIT Fully Geared up to Fight Amazon & Flipkart” for examples).
This prior post highlighted Amazon’s purported FCPA scrutiny in India.
Not surprisingly, CAIT has taken a position on the matter and recently sent a letter to the SEC and DOJ regarding Amazon. The letter states in full: