NEW DELHI (Reuters) – India’s Supreme Court on Monday said an antitrust investigation into business practices of Amazon.com Inc and Walmart’s Flipkart must continue, rejecting demands of the two e-commerce giants to put them on hold.
The Competition Commission of India ordered the investigation in 2020 against the companies for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition. The companies deny any wrongdoing and have repeatedly tried to mount legal challenges against the investigation.
The three-judge Supreme Court bench said companies like Amazon and Flipkart should volunteer for such investigations.
(Reporting by Aditya Kalra in New Delhi and Abhirup Roy in Mumbai; Editing by Sanjeev Miglani)
