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An Indian antitrust regulator has found that Amazon and Flipkart, owned by Walmart, violated local competition laws, according to a report from Reuters.The finding presents a new challenge for the ...
Indian antitrust investigations have found that Amazon and Walmart's Flipkart violated local competition laws by giving preference to some sellers, prioritising certain listings, and steeply ...
Amazon and Flipkart are at the forefront of India's thriving e-commerce market, which consultancy firm Bain has estimated at around $57-60 billion in 2023 and is projected to reach $160 billion by ...
Amazon and Flipkart are major players in India's e-retail market, which was valued at $57-60 billion in 2023 and is expected to exceed $160 billion by 2028, according to Bain & Company. (With ...
What Happened: The CCI's demand for financial records from Amazon Seller Services and Flipkart Internet will play a major role in determining a potential penalty on the firms, based on the ...
Not only is it against free and fair competition but also against the interest of consumers," CCI's additional director general G.V. Siva Prasad wrote in the Amazon and Flipkart reports, in ...
Amazon (NASDAQ:AMZN) and Walmart's (NYSE:WMT) Flipkart came under scrutiny of the Indian antitrust regulators, who found the companies in violation of competition laws in the country, a Reuters ...
Retail giants Amazon and Walmart-owned Flipkart violated Indian quality control rules by stocking products that did not have the required standards certificate, India's top government-run product ...