Amazon India moved the Karnataka High Court, on February 10, seeking a stay on a probe ordered by the Competition Commission of India (CCI) last month, which sets to investigate alleged competition law violations by the company, Bloomberg Quint reported. The American e-commerce company reportedly claimed that the regulator had passed the order to investigate the alleged anti-trust issues "without application of mind" and that it will cause "serious prejudice" against the company. The CCI had ordered a probe into alleged competition law violations by Amazon and Flipkart on January 13. The company also reportedly claimed that, if allowed, the CCI investigation can cause serious damage to its goodwill and reputation and requested the High Court to provide relief to the company based on "facts and circumstances of the case in the interest of justice", according to Bloomberg Quint. An Amazon spokesperson declined to comment since the matter is subjudice. CCI probing Amazon's "anti-competitive behaviour" Set to investigate allegations of deep discounting, preferential treatment, etc.: CCI's probe, against Amazon and Flipkart, was to investigate four alleged violations: Exclusive launch of mobile phones Preferred sellers on the platforms Deep discounting Preferential promotion of private labels. The CCI had initiated the probe following a complaint filed by the Delhi Vyapar Mahasangh (DVM), a group of MSME (Micro, Small and Medium Enterprises) smartphone traders. DVM had accused that Amazon has certain agreements with sellers (that are allegedly controlled by the company) and that it gives these sellers unfair preferential treatment over others. These vertical agreements give an…
- India To Expand ‘Trusted Sources’ Mandate to Bolster Cybersecurity Across Critical Sectors February 21, 2024
- Flipkart in talks to acquire delivery platform Dunzo: Report February 21, 2024
- You can soon share your Signal username instead of your phone number February 21, 2024
- Deep Dive: Unpacking the Bombay High Court verdict on the Indian government’s proposed Fact Checking Unit February 21, 2024
- RBI increases scrutiny of peer-to-peer lending platforms: Report February 21, 2024
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Straw man fallacy: IT Ministers’ defence of government exemptions in data protection law misses the point
Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...