Flipkart, Amazon challenge India court order on antitrust probe
SUBSCRIBE
JOBS
Custom Image
Go Back
4 years ago 08:24:29am Television

Flipkart, Amazon challenge India court order on antitrust probe

New Delhi, 18-May-2021, By IBW Team

Flipkart, Amazon challenge India court order on antitrust probe

Walmart Inc’s Flipkart and Amazon.com Inc. have filed legal challenges against the resumption of an antitrust investigation into their business practices, according to sources and a legal filing viewed by Reuters.

The Competition Commission of India (CCI) launched an investigation in January last year after a complaint accused Flipkart and Amazon of promoting select sellers on their e-commerce platforms and using deep discounts to stifle competition.

The companies have denied wrongdoing and near-immediate legal challenges from the pair stalled the investigation for more than a year until a court last week ruled it could resume, having dismissed arguments that the CCI lacked evidence, Reuters reported from New Delhi.

The fresh appeal from Flipkart filed on June 16, argues that decision by the Karnataka court to allow the probe to resume was erroneous and must be put on hold.

“Irreparable injury will be caused to the appellant if the investigation was to continue pending the present appeal,” the Flipkart filing, which was not made public but has been viewed by Reuters, said. It also urged the court to quash the initial CCI order for the investigation.

Amazon has mounted a similar challenge, two sources familiar with the matter said. Both are likely to be heard by a two-judge panel this week, sources said.

Flipkart and CCI did not immediately respond to requests for comment by Reuters. Amazon declined to comment on its appeal.

Both Amazon and Flipkart are currently battling accusations from offline retailers that their complex business structures let them circumvent foreign investment rules for e-commerce.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos