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September 16, 2024 3:23 PM

Samsung, Xiaomi colluded with Amazon, Flipkart: CCI report

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to the Reuters news agency. Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by giving preference to select sellers, prioritising certain listings, and steeply discounting products, hurting other co...

September 16, 2024 3:23 PM

CCI probe finds Amazon, Walmart’s Flipkart breached antitrust laws

The Competition Commission of India (CCI) investigation has found U.S. e-commerce giant Amazon and Walmart's Flipkart violated local competition laws by giving preference to select sellers on their shopping websites, Reuters reported. CCI in 2020 ordered an investigation into Amazon and Flipkart for allegedly promoting certain sellers with which they had business arrangements and giving priority to certain listings. In a 1027-page report on Amazon and a separate 1,696-page report on Flipkart, ...

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Last Updated: 23rd Dec 2024