A probe by the Competition Commission of India (CCI) director general (investigation) into a four-year-old case against Amazon and Flipkart has found the e-commerce majors in contravention of the antitrust laws, according to people in the know.
The report would soon be shared with parties involved, including the informant and the companies, followed by a hearing by CCI, sources said.
The CCI did not respond to the query sent by Business Standard. Queries sent to Amazon and Flipkart remained unanswered until press time. However, according to the sources, the companies have not received any such notice or communication from the CCI yet.
The case relates to a 2019 complaint by the Delhi Vyapar Mahasangh alleging anti-competitive practices that led to the closure of business of lakhs of its members. It had also alleged that these players were giving deep discounts on online sales of smartphones and cherry-picking sellers. Other allegations included predatory pricing and exclusive partnerships.
Bu hikaye Business Standard dergisinin May 03, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin May 03, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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