Amazon and Flipkart Found in Violation of Indian Antitrust Laws
Indian regulators accuse e-commerce giants of favoring select sellers and engaging in predatory pricing, impacting competition and local retailers.
- The Competition Commission of India (CCI) has determined that Amazon and Walmart's Flipkart violated local competition laws by prioritizing certain sellers and listings.
- The investigation revealed that preferred sellers received advantageous search result placements and significant discounts, disadvantaging other merchants.
- The CCI reports, spanning over 2,700 pages, found that the anti-competitive practices were particularly prevalent in the mobile phone sector.
- The findings follow complaints from the Confederation of All India Traders, representing 80 million retailers, who claim their businesses have been hurt by these practices.
- Amazon and Flipkart have denied any wrongdoing and are expected to review and respond to the CCI's findings before any potential fines or mandated changes are imposed.