CCI to expedite antitrust probe against e-commerce giants Amazon, Flipkart: Report
India Today
The Competition Commission of India is planning to fast-track a probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc's Flipkart. The antitrust watchdog had initiated the probe earlier in January.
India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc's Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said. The comments come as major U.S. technology firms including Twitter Inc and Facebook Inc are at loggerheads with the government over issues such as data privacy bills and policies some industry executives have called protectionist. The Competition Commission of India (CCI) initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers on their e-commerce platforms and that deep discounts stifled competition.More Related News