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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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ED Said to Have Raided Offices of Sellers Operating on Amazon and Flipkart
India's ED has raided offices of some sellers operating Amazon and Walmart-owned Flipkart. One senior government source said raids were being carried out in New Delhi, Mumbai and Bengaluru, but did not give names of sellers whose offices were being raided.
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Competition Commission of India Recalls Flipkart Antitrust Probe Report After Xiaomi Complaint
In a lengthy investigation that started in 2020, the CCI found Flipkart gave preference to select sellers and prioritised certain listings and also colluded with companies like Xiaomi, Samsung and Vivo to launch phones exclusively on their websites. The watchdog has now told recipients of the Flipkart report to destroy it and give an undertaking to...
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Online Sellers on Walmart's Flipkart Sue Competition Commission of India Over Antitrust Probe
Three of Flipkart sellers - CIGFIL Retail, Wishery Online, Xonique Ventures have sued the Competition Commission of India (CCI) over an investigation which found they, Flipkart and rival Amazon breached competition laws. Flipkart and the CCI did not immediately respond to a request for comment.
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Former Amazon Seller Sues Competition Commission of India Over Antitrust Probe
A former top Amazon seller has asked a judge to quash an antitrust investigation that found the US e-commerce company and some of its sellers breached local competition laws.
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Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
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CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart
Samsung, Xiaomi and other smartphone manufacturers have been accused of colluding with Amazon and Walmart's Flipkart for exclusive product launches on their Indian e-commerce platforms, violating antitrust laws, as per regulatory reports from the Competition Commission of India. The involvement of smartphone manufacturers such as Samsung and Xiaomi...
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Competition Commission of India Finds Amazon, Walmart-Owned Flipkart in Violation of Antitrust Laws
The Competition Commission of India (CCI) in 2020 ordered an investigation into Amazon and Flipkart for allegedly promoting certain sellers with which they had business arrangements and giving priority to certain listings.
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Disney-Reliance Pitch Concessions for India Merger, Refuse to Sell Cricket Streaming Rights
Reliance-Disney are aiming to create India's biggest entertainment player which will compete with Sony, Netflix and Amazon with 120 TV channels and two streaming services. Many antitrust experts had said that one way to clear the antitrust hurdle was to sell some cricket rights.
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CCI Said to Have Flagged Disney-Reliance $8.5 Billion Merger Over Cricket Rights Concerns
India's antitrust body has reached an initial assessment that the $8.5 billion (roughly Rs. 71,199 crore) India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.
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Reliance, Disney Said to Offer Concessions to Win Antitrust Nod for India Media Merger
Antitrust experts have warned that the Reliance-Disney merger, announced in February, could face intense scrutiny as it will create India's biggest entertainment player. The merged company will be majority owned by Asia's richest man Mukesh Ambani's Reliance.
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Apple, Google, Amazon Lobby Group Opposes India's EU-Like Antitrust Proposal
A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows.
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Amazon Fined 10 Million Euros By Italy For Alleged Unfair Commercial Practices
Italy's antitrust authority has fined two subsidiaries of Amazon 10 million euros ($10.70 million) for alleged unfair commercial practices, the regulator said on Wednesday.
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Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market
The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com.
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US Antitrust Body Wants OpenAI, Microsoft, Amazon To Share Partnership Info
The U.S. Federal Trade Commission said on Thursday it had ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
ED Said to Have Raided Offices of Sellers Operating on Amazon and Flipkart
India's ED has raided offices of some sellers operating Amazon and Walmart-owned Flipkart. One senior government source said raids were being carried out in New Delhi, Mumbai and Bengaluru, but did not give names of sellers whose offices were being raided.
-
Competition Commission of India Recalls Flipkart Antitrust Probe Report After Xiaomi Complaint
In a lengthy investigation that started in 2020, the CCI found Flipkart gave preference to select sellers and prioritised certain listings and also colluded with companies like Xiaomi, Samsung and Vivo to launch phones exclusively on their websites. The watchdog has now told recipients of the Flipkart report to destroy it and give an undertaking to...
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Online Sellers on Walmart's Flipkart Sue Competition Commission of India Over Antitrust Probe
Three of Flipkart sellers - CIGFIL Retail, Wishery Online, Xonique Ventures have sued the Competition Commission of India (CCI) over an investigation which found they, Flipkart and rival Amazon breached competition laws. Flipkart and the CCI did not immediately respond to a request for comment.
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Former Amazon Seller Sues Competition Commission of India Over Antitrust Probe
A former top Amazon seller has asked a judge to quash an antitrust investigation that found the US e-commerce company and some of its sellers breached local competition laws.
-
Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
-
CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart
Samsung, Xiaomi and other smartphone manufacturers have been accused of colluding with Amazon and Walmart's Flipkart for exclusive product launches on their Indian e-commerce platforms, violating antitrust laws, as per regulatory reports from the Competition Commission of India. The involvement of smartphone manufacturers such as Samsung and Xiaomi...
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Competition Commission of India Finds Amazon, Walmart-Owned Flipkart in Violation of Antitrust Laws
The Competition Commission of India (CCI) in 2020 ordered an investigation into Amazon and Flipkart for allegedly promoting certain sellers with which they had business arrangements and giving priority to certain listings.
-
Disney-Reliance Pitch Concessions for India Merger, Refuse to Sell Cricket Streaming Rights
Reliance-Disney are aiming to create India's biggest entertainment player which will compete with Sony, Netflix and Amazon with 120 TV channels and two streaming services. Many antitrust experts had said that one way to clear the antitrust hurdle was to sell some cricket rights.
-
CCI Said to Have Flagged Disney-Reliance $8.5 Billion Merger Over Cricket Rights Concerns
India's antitrust body has reached an initial assessment that the $8.5 billion (roughly Rs. 71,199 crore) India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday.
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Reliance, Disney Said to Offer Concessions to Win Antitrust Nod for India Media Merger
Antitrust experts have warned that the Reliance-Disney merger, announced in February, could face intense scrutiny as it will create India's biggest entertainment player. The merged company will be majority owned by Asia's richest man Mukesh Ambani's Reliance.
-
Apple, Google, Amazon Lobby Group Opposes India's EU-Like Antitrust Proposal
A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows.
-
Amazon Fined 10 Million Euros By Italy For Alleged Unfair Commercial Practices
Italy's antitrust authority has fined two subsidiaries of Amazon 10 million euros ($10.70 million) for alleged unfair commercial practices, the regulator said on Wednesday.
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Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market
The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com.
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US Antitrust Body Wants OpenAI, Microsoft, Amazon To Share Partnership Info
The U.S. Federal Trade Commission said on Thursday it had ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent investments and partnerships involving generative AI companies and cloud service providers.
