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CCI Finds Samsung, Xiaomi Flouted Rules For Exclusive Launches On Amazon & Flipkart

CCI Finds Samsung, Xiaomi Flouted Rules For Exclusive Launches On Amazon & Flipkart

The Competition Commission of India (CCI) has demanded that smartphone companies, including Samsung and Xiaomi, submit their financial statements for the fiscal years 2022 to 2024. The CCI has accused these companies of colluding with Amazon and Flipkart to release their products exclusively on these ecommerce platforms, potentially breaching antitrust laws. The CCI investigation found that Amazon and Flipkart violated competition laws by favoring specific sellers, giving priority to certain listings, and offering significant discounts, which negatively impacted other companies.

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Comments

Abdul Ragib

Abdul RagibEat , Sleep, Drink Technology....

I think they don't give commission to government

Reply

0

2 months ago

Zoheb Arif

Zoheb Arif— em dash....

Fines? *

Reply

0

2 months ago

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