NEW DELHI (Reuters) – Walmart’s Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed, following a similar petition by its rival Amazon.com Inc.
FILE PHOTO: The logo of India’s e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration/File Photo
The Competition Commission of India (CCI) in January ordered a probe into alleged violations of competition law and certain discounting practices by the two e-commerce giants, but a state court put the investigation on hold last week following a challenge by Amazon.
Flipkart’s legal filing was aimed at signaling the company is aggrieved by the CCI’s probe order, a person familiar with the matter said.
The filing comes days ahead of U.S. President Donald Trump’s visit to India, and amid U.S. concerns about India’s tightening of foreign investment rules for the ecommerce…
Source Reuters Tech News