CCI Finds Flipkart & Amazon India Guilty Of Flouting Antitrust Rules

The Competition Commission of India (CCI) has reportedly found ecommerce giants Amazon and Walmart-backed Flipkart guilty of violating competition laws. 

As per two separate internal antitrust reports seen by Reuters, the competition watchdog found that both Amazon India and Flipkart flouted antitrust guidelines by giving preference to select sellers on their platforms. 

“Each of the anti-competitive practices alleged … were investigated and found to be true… Ordinary sellers remained as mere database entries,” read identical conclusions in both the reports.

While the two companies have previously denied any wrongdoings, both Amazon and Flipkart will now have time to review the report and file any objections before the CCI decides on the potential fines against them. 

The case pertains to 2020, when the CCI ordered a probe into Amazon and Flipkart for allegedly prioritising certain listings and promoting certain sellers with which the two companies had business arrangements. 

(The story will be updated soon.)

The post CCI Finds Flipkart & Amazon India Guilty Of Flouting Antitrust Rules appeared first on Inc42 Media.