Flipkart, Amazon challenge court order on CCI probe: Report
Zee News
Walmart-owned Flipkart and Amazon.com Inc have filed legal challenges against the resumption of an antitrust investigation into their business practices, a global news wire reported.
New Delhi: Walmart-owned Flipkart and Amazon.com Inc have filed legal challenges against the resumption of an antitrust investigation into their business practices, a global news wire reported. 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.More Related News