The Competition Commission of India (CCI) has asked the Supreme Court to hear legal challenges to the investigation of e-commerce platforms Amazon and Flipkart. CCI said that Samsung, Vivo and other companies are presenting challenges in different courts with the aim of stopping the High Court’s investigation. CCI filed a filing in the court on December 3, which was not made public. The Competition Commission of India requested the court to hear 23 complaints of vendors against Samsung, Vivo, Amazon and Flipkart, so that the matter could be decided as soon as possible. Want to weaken and spoil the process of investigation: CCI CCI said that since the findings of the investigation, some vendors of Amazon, Flipkart, Samsung and Vivo have filed about two dozen cases in five High Courts. Vendors have done this so that the investigation can be stopped. Also, they want to weaken and spoil the process of investigation. This investigation is a big regulatory challenge for Amazon and Flipkart. However, no statement has come from Amazon, Flipkart, Samsung, Vivo and CCI on this matter so far. This investigation is a big regulatory challenge for Amazon and Flipkart. Because, e-commerce sales in this market will exceed $ 160 billion by 2028, which was around $ 60 billion in 2023. Amazon and Flipkart have violated antitrust laws. CCI’s investigation unit concluded the investigation in August that Amazon and Flipkart have violated India’s antitrust laws by giving preference to selected vendors on their websites. The commission also found that smartphone companies like Samsung and Vivo had violated those laws by colluding with these two e-commerce companies and launching products online. Amazon and Flipkart denied any wrongdoing Amazon and Flipkart have been facing criticism from small retailers for several years over their business practices. They say they have suffered losses due to heavy discounts and preferential treatment offered by the platform. At the same time, Amazon and Flipkart have denied any wrongdoing. CCI’s investigation against Amazon and Flipkart began in 2020 CCI’s investigation against Amazon and Flipkart began in 2020, but it has been delayed several times. Most of the 23 lawsuits filed across India to challenge the case accuse CCI of not following due process during its investigation. A lawyer associated with the case said that a request to transfer 23 cases filed by the commission to the Supreme Court is likely to be heard this week. Read this news too… Government can question Amazon-Flipkart: Allegations of violation of foreign investment rules, preparations to send notice after investigation. Government may issue summons to e-commerce platforms Amazon and Flipkart for questioning. Reuters has reported, quoting sources, that the government will issue summons to the officials of these companies as part of the investigation into violation of Foreign Investment Law. Recently, the Enforcement Directorate (ED) raided some sellers associated with these companies. It is alleged that the companies control the inventory (stock) through some selected sellers. Read full news…
