Final CCI order on Amazon & Flipkart likely by November
economictimes.indiatimes.comCompetition Commission of India (CCI) will likely issue final orders by November on its four-year-long investigation into alleged anti-competitive practices by ecommerce giants Amazon and Walmart-backed Flipkart, said people aware of the development.
The probe by the CCI's investigation wing, headed by director general Ansuman Pattnaik, has now corroborated the charge that the two companies have indulged in antitrust activities by extending preferential treatments to select sellers on their platforms, the people said.
«The platforms' deep discounting through preferred sellers is distorting competition and the anti-competitive practices have been noticed across most product categories,» one of the persons told ET.
The regulator's final orders, usually firmed up after due deliberations over the DG's probe reports and responses by aggrieved parties, are expected to largely reflect this position, the people said.
The DG's separate probe reports for Amazon and Flipkart, finalised in August, came in the build-up to next month's Diwali when both the firms host mega sales on their online platforms.
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