06-11-2021 03:30 PM | Source: Reuters
India court dismisses pleas by Amazon, Flipkart to quash antitrust probe - lawyer
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NEW DELHI  - An Indian court on Friday dismissed pleas by Amazon.com Inc and Walmart's Flipkart to quash an antitrust investigation, a lawyer told Reuters, more than a year after the probe was put on hold after legal challenges by the companies.

The Competition Commission of India (CCI) announced a probe in January 2020 into Amazon and Flipkart following a complaint from a trader group which alleged they were promoting some "preferred sellers" and in turn hurting business for other, smaller sellers.

The companies denied any wrongdoing and obtained a stay from a court last year.

The High Court in the southern state of Karnataka on Friday dismissed the petitions by Amazon and Flipkart to quash the probe, Abir Roy, a lawyer for the opposing Indian trader group told Reuters, effectively paving the way for restart of the investigation.

 

(Reporting by Aditya Kalra in New Delhi; Editing by Sanjeev Miglani)