India Will Investigate Amazon, Flipkart for Alleged Anticompetitive Practices
Competition Commission of India (CCI) is set to investigate Amazon and Walmart-owned Flipkart for alleged anticompetitive practices. The allegations were made by a retail trade group. Both retailers expressed confidence in their compliance with the law.
It’s the latest salvo in an ongoing battle against the e-commerce giants as they try to make headway in India.
“The informant alleged that Flipkart and Amazon have established an inherently anti-competitive model for e-commerce,” the CCI said.