Amazon.com Inc has begun legal action in India to quash an antitrust investigati...
NEW DELHI - Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause “irreparable” loss and damage to its reputation, according to its court filing seen by Reuters.
Last month the Competition Commission of India ordered an investigation of Amazon and rival Flipkart, owned by Walmart, over alleged violations of competition law and certain discounting practices. The CCI ordered its probe after a New Delhi-based trader group complained that the e-commerce giants were promoting select sellers and in turn hurting business for other smaller players in one of the world’s biggest online shopping markets.
“ suffers from non-application of mind as it appears to contain no reference to the finding of an appreciable adverse effect on competition.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon pulls out of major Barcelona telecoms conference over coronavirusAmazon.com Inc has pulled out of this month's Mobile World Congress because...
Read more »
Amazon withdraws from Barcelona's Mobile World Congress tech conference over coronavirus: El MundoAmazon (AMZN.O) withdrew on Sunday from attending an international telecoms conf...
Read more »
Strike shuts India-administered Kashmir to remember Afzal GuruIndia's apex court had ordered Afzal Guru's execution over a 2001 parliament attack observing that there was 'no evidence amounting to criminal conspiracy' but the collective conscience of society had to be satisfied.
Read more »
Amazon, Nike and American Airlines join nearly 150 companies opposing Tennessee's anti-LGBTQ billsAmazon, Nike and American Airlines are among the nearly 150 companies that have signed a letter opposing Tennessee's anti-LGBTQ laws. The collective requests that lawmakers not pursue any further legislation that targets and excludes the LGBTQ community.
Read more »
In India, fake news is real and weaponised by the powerfulFrom Prime Minister Narendra Modi down to the average citizen, the scourge of fake news is ravaging India's public discourse.
Read more »