Anti-trust probe faced by Walmart's Flipkart in India

Friday 6 March 2020 13:42 CET | News

Walmart’s Flipkart has revealed it faces a anti-trust probe in India after an appellate tribunal asked the competition watchdog to further investigate.

The investigation seeks whether the company had abused its dominant position in ecommerce. The All India Online Vendors Association filed the appeal at the National Company Law Appellate Tribunal (NCLAT) after the Competition Commission of India (CCI) in 2018 said that Flipkart and the local unit of Inc (AMZN.O) did not breach anti-trust rules.

Moreover, the NCLAT said the CCI is focused to direct the Director General to cause an investigation into the matter. However, it was not immediately clear how soon the CCI could start a probe. According to Reuters, the order is another headache for Flipkart, which along with Amazon’s India unit has faced mounting criticism from brick-and-mortar retailers which accuse the companies of funding steep discounts and discriminating against small sellers. Both companies have denied the allegations.

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Keywords: Walmart, Flipkart, anti-trust, India, trust, ecommerce, brick-and-mortar, retailers, regulations, watchdog, investigation
Categories: Fraud & Financial Crime
Countries: India
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Fraud & Financial Crime

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