September 29, 2024
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Economy

Walmart has sued India’s antitrust agency over the investigation

Three online sellers working for Walmart-owned Flipkart have sued India’s antitrust agency over an investigation that found they, Flipkart and rival Amazon violated antitrust laws.”, — write: www.epravda.com.ua

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Three online sellers working for Walmart-owned Flipkart have sued India’s antitrust agency over an investigation that found they, Flipkart and rival Amazon violated antitrust laws.

About this informs Reuters.

The filings came after an antitrust investigation concluded in August found that Amazon and Flipkart, some of their sellers and smartphone brands, violated local antitrust laws by unfairly favoring certain online sellers and prioritizing certain listings, Reuters reported. .

Flipkart is one of the largest e-commerce players in India and competes with Amazon.

In an attempt to quash the landmark proceedings, the three platform sellers have filed applications in the Karnataka High Court seeking to “set aside” the investigation report and stay the Competition Commission of India’s proceedings

The lawsuits by sellers Amazon and Flipkart could potentially delay the investigation process, which first began in 2020 and was initiated after retailers, the Confederation of All India Traders, complained to the watchdog. Amazon and Flipkart deny any wrongdoing.

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