Supreme Court directs Amazon India & Flipkart to face antitrust investigations
12th August 2021, Mumbai:
The Supreme Court has directed Amazon.com Inc and Flipkart to face antitrust investigations ordered against them in India.
The investigations were ordered by the Competition Commission of India (CCI) ordered the investigation against the companies last year for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition.
The companies deny any wrongdoing and mounted legal challenges in lower courts and at the Supreme Court against the investigation, saying the CCI did not have enough evidence to pursue the matter.
The decision is a major setback for both companies as the Supreme Court appeal was seen as the last legal recourse to block the CCI pressing on with its investigation.
In the current antitrust case, filed by trader group Delhi VyaparMahasangh, the two companies face allegations of exclusive launches of mobile phones, promotion of select sellers on their websites and deep discounting practices that drive out competition.
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