The Brazilian government’s deal to import 20 million doses of Bharat Biotech’s Covaxin has sparked an investigation into corruption—raising questions about the involvement of President #Bolsonaro and about the vaccine itself.
In a deal signed in February, the Brazilian Health ministry agreed to pay $320 million for 20 million doses of Covaxin—at an eye-watering price of $15 per dose. The agreement was signed with a ‘middleman’ company called Precisa Medicamentos.
For the past few years, the govt has been tightening the screws on foreign-owned e-commerce giants—to favour Indian traders and merchants and local rivals. The latest salvo will come as a big blow to these platforms, and its biggest sellers and also you, dear customer.
In Jan 2020, the Competition Commission of India, opened a probe into Amazon and Flipkart, citing four anti-competitive practices: exclusive launch of mobile phones , promoting preferred sellers, deep discounting, and prioritizing some seller listings over others.