New Delhi2 hours ago
Hearing will be held today (January 6) on e-commerce platforms Amazon and Flipkart. The Competition Commission of India i.e. CCI has accused these companies of violating the rules of market competition.
On December 3, 2024, CCI had asked the Supreme Court to simultaneously transfer all the cases against both the companies to the Karnataka High Court. So that, the decisions of different courts are not contradictory.
While filing the petition in the Supreme Court, CCI had said that Samsung, Vivo and other companies are presenting challenges in different courts with the aim of stopping the investigation of the High Court.
The Competition Commission of India requested the court to hear 23 complaints of vendors against Samsung, Vivo, Amazon and Flipkart, so that the matter can be decided as soon as possible.
Antitrust law on Amazon-Flipkart accused of violating The matter is related to the CCI investigation in 2019. After investigation by the Competition Commission of India, it was alleged that Amazon and Flipkart gave more priority in the market to some selected sellers.
Due to this disturbance of the companies, India’s e-commerce market had become quite disturbed. The Investigative Unit of CCI found in the investigation that both the companies have violated the anti-trust law.
Additionally, the report exposed collusion with smartphone manufacturers like Samsung and Vivo for special online launches.
The companies had denied any wrongdoing Amazon and Flipkart have been facing criticism from small retailers for many years regarding their business practices. They say that they have suffered losses due to the huge discounts and preferential treatment offered by the platform. Whereas Amazon and Flipkart have denied any kind of irregularities.
CCI investigation started in 2019 The CCI investigation against Amazon and Flipkart began in 2019, but has been delayed several times. Most of the 23 lawsuits filed across India challenging the case accuse the CCI of not following due process during its investigation.
A lawyer associated with the case said that the request to transfer 23 cases filed by the Commission to the Supreme Court is likely to be heard this week.
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Recently, the Enforcement Directorate (ED) raided some sellers associated with these companies. It is alleged that companies control the inventory (stock) through some selected sellers.
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