An Indian antitrust investigation of Amazon.com Inc and Walmart's Flipkart ...
NEW DELHI/BENGALURU - An Indian antitrust investigation of Amazon.com Inc and Walmart’s Flipkart has been put on hold by a court, three lawyers involved in the proceedings told Reuters on Friday.
Amazon this week challenged the investigation in a court in Bengaluru and the court has granted a stay of two months, according to a lawyer from P&A Law Offices representing Amazon and two other legal counsels involved in the matter. “This comes as a major relief,” said the Amazon counsel, who declined to be named as he was not authorized to speak to media.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.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Amazon, Flipkart challenge new Indian tax on online sellersAmazon and Walmart's Flipkart are among online retailers demanding that Ind...
Les mer »
India court stalls e-commerce antitrust probe following Amazon challenge: lawyersAn Indian court on Friday put on hold an antitrust investigation into leading e-...
Les mer »
It’s Official: These Are the 19 Most-Loved Electronics on AmazonIncluding noise-cancelling Bose headphones and portable Sony speakers
Les mer »