Won’t intervene in CCI probe against Amazon, Flipkart: SC
The Hindu
Firms must voluntarily agree to such enquiry, says court
The Supreme Court on Monday refused to intervene in an anti-trust investigation ordered by the Competition Commission of India against online giants, Flipkart and Amazon. A three-judge Bench led by Chief Justice of India N.V. Ramana said the court expected big companies like them to voluntarily agree to such a preliminary enquiry. “You have to submit... enquiry should be permitted,” Chief Justice Ramana orally addressed Flipkart and Amazon, represented by senior advocates A.M. Singhvi and Gopal Subramanium, respectively, during the virtual court hearing. The companies had appealed to the Supreme Court after the Karnataka High Court confirmed the Competition Commission of India (CCI) decision of January last year to open a probe into the companies for allegedly entering into anti-competitive agreements in violation of the Competition Act of 2002. The companies had denied any mischief and wanted the probe quashed.
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