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CCI Mulls Moving SC Over Anti Trust Case Against Amazon, Flipkart

Inc42 · 1y ago

CCI Mulls Moving SC Over Anti Trust Case Against Amazon, Flipkart

The Competition Commission of India is looking to consolidate multiple writ petitions filed in different high courts against its investigation report. This comes after the CCI requested turnover details from two ecommerce giants, aiming to impose penalties amounting to 10% of their global annual turnover. The Karnataka High Court has granted a temporary stay on CCI's proceedings, with three sellers submitting similar petitions.

Related News

Anti-trust case: CCI asks Amazon, Flipkart to share financials to decide penalty

Livemint

Livemint · 1y ago

Anti-trust case: CCI asks Amazon, Flipkart to share financials to decide penalty

India's Competition Commission (CCI) has requested the financial statements of Amazon and Flipkart as part of an ongoing anti-trust case against them. The statements will be used to determine the penalty, which could be imposed based on the outcome of the regulator's hearing of the companies' defense. The CCI has already shared non-confidential versions of the findings from its investigation of alleged anti-competitive conduct, including preferential treatment for certain sellers, exclusive product launches, and deep discounting. Both companies have yet to respond to requests for comment. The case highlights concerns about fair competition in India's digital economy and the impact on consumers and small sellers.

CAIT urges CCI intervention against e-comm giants Amazon, Flipkart

Thehindubusinessline

Thehindubusinessline · 1y ago

CAIT urges CCI intervention against e-comm giants Amazon, Flipkart

The Confederation of All India Traders (CAIT) has appealed to the Competition Commission of India (CCI) to take urgent action in the Delhi Vyapar Mahasangh case against Flipkart and Amazon. CAIT claims that the e-commerce giants have engaged in anti-competitive practices that have led to the closure of business for many retailers. The CAIT letter alleges that Flipkart and Amazon monopolize the sales of mobile phones through exclusive launches and create artificial sellers to sell their own inventory. The case's outcome has significant implications for the survival of retailers and their families.

CAIT Alleges Inaction In CCI’s Probe Against Amazon & Flipkart

Inc42 · 1y ago

CAIT Alleges Inaction In CCI’s Probe Against Amazon & Flipkart

- CAIT accuses CCI of mishandling investigations into alleged anti-competitive practices by Amazon and Flipkart. - Letter to finance minister highlights concerns over delays in addressing violations of India's FDI policies. - CAIT alleges that Amazon and Flipkart use proxy sellers to control inventory and dominate listings. - Ecommerce giants accused of bypassing regulations through these practices. - CAIT seeks government intervention to address the issue and ensure fair competition in the marketplace.

CCI seeks Supreme Court hearing to expedite Amazon, Flipkart cases

Economic Times

Economic Times · 11m ago

CCI seeks Supreme Court hearing to expedite Amazon, Flipkart cases

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.

ETtech Explainer: CCI's antitrust probe into Amazon, Flipkart

Economic Times

Economic Times · 11m ago

ETtech Explainer: CCI's antitrust probe into Amazon, Flipkart

The Supreme Court transferred petitions about alleged anti-competitive practices by Amazon and Flipkart to Karnataka High Court. The case began in 2019 when traders accused the ecommerce giants of favoring certain sellers, engaging in deep discounting, and exclusive product launches. The Competition Commission of India initiated a probe, concluding in 2023 with accusations against both companies. Amazon and Flipkart disputed the findings in various courts, challenging the investigation's legitimacy due to inadequate evidence.

After Amazon, Three Flipkart Sellers Sue CCI

Inc42 · 1y ago

After Amazon, Three Flipkart Sellers Sue CCI

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.

CCI probe order on Amazon, Flipkart: SC transfers all pending cases to Karnataka HC

YourStory

YourStory · 11m ago

CCI probe order on Amazon, Flipkart: SC transfers all pending cases to Karnataka HC

The Supreme Court has transferred petitions by Amazon and Flipkart, challenging the Competition Commission of India's (CCI) probe order, to the Karnataka High Court. The order involves alleged malpractices such as deep discounting and preferential seller tie-ups. The decision consolidates similar cases from various high courts, ensuring all are heard in Karnataka. The CCI's investigation stems from a complaint by the Delhi Vyapar Mahasang. Amazon and Flipkart previously challenged the CCI's order in separate high courts.

Supreme Court to hear CCI plea on Amazon, Flipkart case on Friday | Company Business News

Livemint

Livemint · 11m ago

Supreme Court to hear CCI plea on Amazon, Flipkart case on Friday | Company Business News

The Supreme Court is set to hear the Competition Commission of India's (CCI) request to combine multiple writ petitions filed by online sellers against e-commerce platforms Amazon and Flipkart. The CCI believes that the multiple cases in different High Courts could result in conflicting judgments, and combining the petitions would help resolve the logjam in its proceedings. The sellers argue that their status was changed by the CCI without notice or hearing. Meanwhile, corporate governance firm InGovern Research Services highlighted that the sellers were denied the opportunity to present their case or exercise their rights.

Flipkart’s online sellers sue CCI over antitrust probe

Livemint

Livemint · 1y ago

Flipkart’s online sellers sue CCI over antitrust probe

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.

Did Amazon break India's competition law? We will know soon

Livemint

Livemint · 1y ago

Did Amazon break India's competition law? We will know soon

India's Competition Commission is set to issue a notice to Amazon for alleged violations of competition law. The investigation wing of the commission has confirmed charges of anti-competitive behavior by Amazon Seller Services. The Commission will grant Amazon a hearing before issuing the final order with penalty, which could be up to 10% of the company's global turnover. The case is based on a complaint filed by a trade association in 2020, which prompted the commission to order an investigation. A similar case against Flipkart is also in progress. Experts emphasize that the high penalty should be applied judiciously to maintain market dynamism and encourage healthy competition.

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