On Monday, the Supreme Court rejected a plea filed by e-commerce majors Amazon and Flipkart that sought to stall an antitrust investigation into their business practices. The top court stated that the two companies must face inquiry by the Competition Commission of India (CCI) for anti-competition agreements.
“As a big e-commerce organisation you should volunteer for antitrust investigation but you are objecting,” said chief justice of india (CJI) NV Ramana-led bench.
The CCI last year ordered an inquiry after allegations from brick-and-mortar retailers that the US firms promoted select sellers on their e-commerce platforms and used business practices that stifle competition.
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