India ordered an investigation of Amazon.com Inc and Walmart's Flipkart on ...
NEW DELHI - India ordered an investigation of Amazon.com Inc and Walmart’s Flipkart on Monday over alleged violations of competition law in the latest setback for U.S. e-commerce giants operating in the country.
Flipkart is “fully compliant” with all laws and is currently reviewing the CCI order, Senior Vice President Rajneesh Kumar said. The complaint against the two companies was filed by Delhi Vyapar Mahasangh, a group representing small- and medium-sized businesses. They alleged that several of Amazon and Flipkart’s preferred sellers were affiliated with, or controlled by, the companies themselves, either directly or indirectly.
The CCI said its investigation unit should complete the probe within 60 days, but typically such cases have taken far longer.
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