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Home»Finance»India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases
Finance

India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases

December 9, 2024No Comments3 Mins Read
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India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases
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By Aditya Kalra

NEW DELHI (Reuters) – India’s antitrust physique has requested the Supreme Court docket to listen to authorized challenges to an investigation of Amazon and Walmart’s Flipkart e-commerce platforms, saying these challenges, filed by Samsung, Vivo and others at Indian excessive courts, had been aiming to scuttle the probe.

In a submitting on Dec. 3, reviewed by Reuters and never launched publicly, the Competitors Fee of India requested the courtroom to listen to 23 challenges, filed by Samsung, Vivo, and several other distributors on the Amazon and Flipkart platforms, to allow the case to be determined shortly.

Amazon declined to remark, whereas Flipkart, Samsung, Vivo and the competitors fee didn’t reply to requests for remark.

The investigation is a significant regulatory problem for Amazon and Flipkart in a market the place e-commerce gross sales are set to exceed $160 billion by 2028, up from $57 billion to $60 billion in 2023.

The fee’s investigation unit concluded in August that Amazon and Flipkart breached India’s antitrust legal guidelines by favouring chosen sellers on their web sites. It additionally discovered that smartphone firms akin to Samsung and Vivo broke these legal guidelines by colluding with the 2 e-commerce firms to completely launch merchandise on-line.

Because the findings, virtually two dozen lawsuits throughout 5 Indian excessive courts have been filed by some Amazon and Flipkart distributors, in addition to by Samsung and Vivo, to dam the investigation as they need to “debilitate and scuttle” the method, the fee stated.

The separate lawsuits, if allowed, “will result in absurdity since it would intervene with the flexibleness of the (fee’s) Director Common to hold out investigation in any matter.”

Amazon and Flipkart have confronted criticism from smaller retailers for years over their enterprise practices, saying they’ve suffered as a result of deep reductions and preferential therapy meted out by the platforms.

Amazon and Flipkart deny any wrongdoing.

A Reuters investigation in 2021, primarily based on Amazon inside paperwork, discovered the corporate gave preferential therapy for years to a small group of sellers and used them to bypass Indian legal guidelines.

The present fee investigation began again in 2020 however has confronted many delays.

A lot of the 23 lawsuits filed throughout India within the newest problem to the case accuse the fee of not following due course of throughout its investigation.

The fee’s submitting asking for the 23 instances to be transferred to the Supreme Court docket is prone to be heard this week, a lawyer acquainted with the proceedings stated.

(Reporting by Aditya Kalra; Enhancing by Nicholas Yong and Edmund Klamann)

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