Amazon, Flipkart Must Face CCI’s Antitrust Probe: Supreme Court
The Supreme Court on August 8 has ruled against the US-based e-commerce giant Amazon and Walmart's Flipkart saying that both must accept "antitrust investigations" ordered against them in India. An investigation probe was ordered by the Competition Commission of India (CCI) last year over alleged selective promotion and using business practices for oppressing competition. However, both the companies have denied any malpractice.
Tags: Amazon Web Server, Flipkart, Supreme Court of India, Competition Commission of India
Courtesy: Reuters