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CCI Finds Samsung, Xiaomi Flouted Rules For Exclusive Launches On Amazon & Flipkart
Inc42
·
10m ago
Medial
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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CCI finds alleged collusion between Samsung, Xiaomi and other smartphone makers and Amazon, Flipkart: Report | Mint
Livemint
·
10m ago
Medial
Smartphone companies, including Samsung and Xiaomi, colluded with Amazon and Flipkart to launch products exclusively on the e-commerce platforms in violation of antitrust laws, according to Indian regulatory reports. The Competition Commission of India found that Amazon and Flipkart gave preferential treatment to certain sellers, prioritized specific listings, and offered steep discounts, damaging competition. The reports also accused Samsung, Xiaomi, and other smartphone brands of engaging in "collusion" with Amazon and Flipkart. This development could lead to legal and compliance challenges for the implicated smartphone companies.
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Xiaomi Calls On CCI To Withdraw Antitrust Report On Flipkart, Says It Contains ‘Sensitive Data’
Inc42
·
9m ago
Medial
Chinese smartphone maker, Xiaomi, has raised concerns over sensitive company data contained in a regulatory report on Flipkart. The report, produced as part of an Indian antitrust investigation, included model-wise sales information. Xiaomi has requested that the Competition Commission of India (CCI) retrieve and destroy all copies of the report, before issuing a redacted version. The investigation found that Xiaomi, Samsung, and other smartphone manufacturers colluded with Flipkart and Amazon to benefit certain sellers and launch products exclusively on their platforms, allegedly violating antitrust laws in India.
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India recalls Flipkart antitrust probe report after Xiaomi complaint
Economic Times
·
8m ago
Medial
India's Competition Commission of India (CCI) has withdrawn its investigation report regarding potential competition law violations by Walmart's Flipkart. The report, which found Flipkart and some of its sellers in violation of competition laws, was recalled after Chinese smartphone manufacturer Xiaomi argued that it contained sensitive information regarding its sales. This is the second time the CCI has revoked a report, following a similar incident involving Apple in August. The investigation into Flipkart's alleged preferential treatment of sellers and collusion with companies like Xiaomi, Samsung, and Vivo is currently on hold.
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CCI seeks Supreme Court hearing to expedite Amazon, Flipkart cases
Economic Times
·
7m ago
Medial
India's antitrust body, the Competition Commission of India (CCI), has urged the Supreme Court to hear the legal challenges against its investigation of Amazon and Flipkart filed by Samsung, Vivo, and other vendors. The CCI believes that these challenges, filed in various high courts, are an attempt to disrupt the probe. The investigation alleges that Amazon and Flipkart violated antitrust laws by favoring certain sellers on their platforms, while smartphone companies like Samsung and Vivo colluded with the e-commerce giants for exclusive online launches. The outcome of this case could have significant implications for the growing e-commerce market in India.
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Samsung accuses CCI of unlawfully seizing data
Inshorts
·
7m ago
Medial
Samsung has accused India's Competition Commission (CCI) of unlawfully detaining its employees and seizing confidential data during a raid. This legal dispute is part of an antitrust investigation involving Amazon and Flipkart, where Samsung and other smartphone manufacturers are accused of violating competition laws.
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Flipkart’s online sellers sue CCI over antitrust probe
Livemint
·
9m ago
Medial
Three sellers on Flipkart, owned by Walmart, have sued the Competition Commission of India (CCI) over an investigation that found both Flipkart and Amazon guilty of breaching competition laws.
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After Amazon, Three Flipkart Sellers Sue CCI
Inc42
·
9m ago
Medial
Flipkart sellers CIGFIL Retail, Wishery Online, and Xonique Ventures have filed petitions to challenge a report by the Competition Commission of India (CCI) that found them guilty of violating competition laws. This follows a similar move by Appario, a former Amazon seller, who sought to quash the CCI's probe against Amazon. The CCI recently implicated both Flipkart, Amazon, some of their sellers, and certain smartphone brands for contravening India's competition laws.
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Supreme Court denies special treatment to CCI over Amazon, Flipkart probe, refuses to transfer petitions | Company Business News
Livemint
·
7m ago
Medial
The Indian Supreme Court has rejected a plea by the Competition Commission of India (CCI) to transfer writ petitions filed in various High Courts challenging its antitrust probe against Amazon and Flipkart. The court suggested that all the petitions be consolidated before a single judge, in line with Karnataka High Court rules. It cited the importance of following proper legal procedures and stated that no litigant should receive special treatment. CCI had sought the transfer to prevent conflicting judgments arising from multiple cases in different High Courts.
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ED To Summon Flipkart, Amazon Over FDI Rules Violations: Report
Inc42
·
8m ago
Medial
The Enforcement Directorate (ED) is set to summon executives from Amazon and Flipkart over alleged violations of foreign direct investment laws. The ED is also analyzing business data from sellers and their dealings with the ecommerce companies over the past five years. Earlier this year, both Amazon and Flipkart were found guilty of violating competition laws by giving preference to select sellers on their platforms by the Competition Commission of India (CCI).
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Mobile retailers say Samsung’s online-focused strategy fuels smartphone grey market, bat for level playing field: Report | Mint
Livemint
·
10m ago
Medial
The All India Mobile Retailers Association (AIMRA) has criticised Samsung for favouring e-commerce platforms Amazon and Flipkart by granting them better discounts and promotional support. The association claims that this creates an unfair playing field and contributes to a grey market-like situation, resulting in losses for retailers. AIMRA has written two letters to Samsung asking for equal treatment, especially during the upcoming Diwali season. Samsung's declining market share in India and the exclusive launch of the Samsung M35 on Amazon, leading to illegal sales, were also highlighted in the letters. Samsung has not responded to the criticism.
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