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Finshots Daily

Did Amazon spy on Flipkart and others?

Apr 23, 2024
06:09
Snipd AI
Amazon has been accused of spying on rivals like Flipkart and Walmart. They allegedly used questionable tactics to acquire trade secrets. The legality and ethics of such actions are being questioned.
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Podcast summary created with Snipd AI

Quick takeaways

  • Amazon set up a company to gather insider information on rivals like Flipkart by listing products under a different name.
  • Amazon's covert tactics, including attending rival conferences under false pretenses, raise concerns about corporate espionage.

Deep dives

Amazon's Alleged Insider Information Gathering Methods

Amazon has been accused of spying on its rivals, such as Flipkart and Walmart, by setting up a company named Big River Services International. This company listed products on competitor platforms like Flipkart under a different name to obtain insider information on pricing algorithms, logistics, and payment methods. The information gathered was then shared with Amazon's benchmarking team to enhance its own services. Despite Amazon's belief that rivals engage in similar activities, misrepresentation of identities during interactions with competitors could potentially lead to legal issues.

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