Karnataka HC junks appellant plea, Flipkart & Amazon to halt CCI Probe

Karnataka HC junks appellant plea, Flipkart & Amazon to halt CCI Probe

24th July 2021.Mumbai:

Karnataka HC Div Bench comprising Justice Satish Chandra Sharma and Justice Nataraj Rangaswamy on Friday junked an appeal by Flipkart and Amazon India to stall a probe by the country's competition watchdog, dealing a blow to the two ecommerce platforms. It comes on the back of appellants Walmart-owned Flipkart & Amazon India appealed regulatory body to reverse/ overturn ruling setting the context for the Competition Commission of India (CCI) to probe/ investigate the case in question.
 
HC observes unequivocally,"Ecommerce firms should not feel shy of the probe if they haven't violated any antitrust laws & moreover bench in uncertain terms stressed this appeal is devoid of any merits and substance".
 
 
CCI orders probe against Amazon, Flipkart In Jan 20 serious ALLEGATIONS:
Deep discounting, preferential treatment to certain vendors etc
 
 
Etailers like always maintained, "We respect the judgement passed by the H'ble HC and we will give a serious consideration & comprehensively review unfolding development it in detail to determine next steps, and remain in full compliance with Indian laws & will do spiritedly everything to be always compliant".
 
 
                                                                                               The Competition Commission of India (CCI) celebrated its Annual Day on 20th  May, 2019 which marks the notification of the substantive enforcement  provisions of the Competition Act, 2002.
 
TOP5
 
 
Likely Scenario

Author’s Posts

  • Tamil Nadu Textile Sector Begins Strong Recovery

    Tamil Nadu Textile Industry Shows Signs of Recovery
    After ...

    May 22, 2025

  • Shahid Kapoor Joins Taapsee Pannu for Vogue Eyewear India

    BRAND ANNOUNCEMENT | VOGUE EYEWEAR WELCOMES SHAHID KAPOOR, WHO JOINS TAAPSEE PANNU AS ITS BRAND AMBAS...

    May 22, 2025

  • 3rd Morocco International Yarn & Fabric Sourcing Show 2025

    3rd Morocco International Yarn & Fabric Sourcing Show 2025

    May 13, 2025

  • India’s Apparel Exports: Big Potential, Low Share

    Despite having the world’s second-largest vertically integrated textile industry, India’s share...

    May 05, 2025

  • CITI: India must engage U.S. on tariffs

    "Bridging the Information Gap in the Textile and Fashion Industry."

    DFU
    Inside Fashion Vol. 23 No. 2
    Azad
    EasiTex