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Flipkart has filed a legal challenge against the restarting of an antitrust probe into the company, arguing in a court filing that the investigation would cause \u201cirreparable injury.\u201d<\/p>\n
noteworthy, that the Competition Commission of India (CCI) launched an investigation in January last year following a complaint alleging that Flipkart and Amazon promoted select sellers on their e-commerce platforms and used deep discounts to stifle competition.<\/p>\n
The companies have denied wrongdoing and near-immediate legal challenges from the pair stalled the probe for more than a year until a court last week ruled it could resume, having dismissed arguments that the CCI lacked evidence. fresh appeal from Flipkart, filed on June 16, argues that decision by the Karnataka court to allow the probe to resume was erroneous and must be put on hold.<\/p>\n
\u201cIrreparable injury will be caused to the appellant if the investigation was to continue pending the present appeal,\u201d the filing, which was not made public but has been viewed by Reuters, said.<\/p>\n
It also urged the court to quash the initial CCI order for the investigation. Amazon, Flipkart Requests to Annul Antitrust Case Rejected by Karnataka High Court . Flipkart and CCI did not immediately respond to requests for comment. Sources told Reuters earlier this week that the CCI planned to expedite the investigation as it intensifies scrutiny of big-tech firms, Reuters reported this week. The CCI plans to demand information from Flipkart and Amazon to the allegations \u201cas quickly as possible\u201d, one source said, contrary to the several months such probes usually take.<\/p>\n
Both Amazon and Flipkart are currently battling accusations from offline retailers that their complex business structures allow them to circumvent foreign investment rules for e-commerce. In February, a Reuters investigation based on Amazon documents showed the e-tailer for years gave preferential treatment to a small group of sellers on its Indian platform. Amazon has said it \u201cdoes not give preferential treatment to any seller\u201d. <\/p>\n","protected":false},"excerpt":{"rendered":"
Flipkart has filed a legal challenge against the restarting of an antitrust probe into the company,<\/p>\n","protected":false},"author":2,"featured_media":4023,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[298,423,21],"class_list":["post-2851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-englishnews","tag-flipkart","tag-high-court"],"aioseo_notices":[],"yoast_head":"\n