CCI seeks turnover details from Amazon, Flipkart to
WEB1 day ago · September 23, 2024 / 09:03 IST. The regulator can levy a penalty of up to 10 percent on the global turnover of a company, or its income in the last three financial years for anti-competitive ...
Amazon Flipkart: ETtech Explainer: Timeline of CCI's antitrust …
WEB19 hours ago · In January 2020, the CCI passed an order and called for an investigation into Amazon and Flipkart, asking the Director General to probe the issue. The ecommerce giants challenged the verdict in various lower courts, denying any wrongdoing and mounted legal challenges, even going up to the Supreme Court against the investigation.
Anti-trust case: CCI asks Amazon, Flipkart to share financials to ...
WEB2 days ago · NEW DELHI : The Competition Commission of India (CCI) has asked Amazon Seller Services Pvt. Ltd and Flipkart Internet Pvt. Ltd to share their financial statements as the anti-trust case against ...
Amazon, Flipkart to be penalised? CCI seeks financial statements …
WEB1 day ago · The CCI can impose a charge of as much as 10 per cent of global turnover. By Tim Smith. The Competition Commission of India asked Amazon Seller Services and Flipkart Internet to share financial ...
Exclusive: Amazon, Walmart's Flipkart breached India antitrust …
WEBSep 12, 2024 · In a 1027-page report on Amazon and a separate 1,696-page report on Flipkart, both dated Aug. 9, the CCI investigators said the two companies were found to have created an ecosystem where ...
India's Competition Watchdog Seeks Financial Records From …
WEB23 hours ago · The Competition Commission of India (CCI) has reportedly intensified its antitrust investigation into e-commerce giants Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT)-backed Flipkart, requesting ...
Exclusive: India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
WEBSep 14, 2024 · Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by giving preference to select sellers,...
India probe finds Amazon, Walmart's Flipkart breached antitrust …
WEBSep 13, 2024 · Key Points. An Indian antitrust investigation has found U.S. e-commerce giant Amazon and Walmart's Flipkart violated local competition laws by giving preference to select sellers on their shopping ...
India Lawmaker, Trade Group Seek Suspension of Amazon, Flipkart ...
WEBSep 13, 2024 · NEW DELHI (Reuters) - A lawmaker of India's ruling party and a key retailers' group urged the government on Friday to suspend the operations of Amazon and Walmart's Flipkart in light of antitrust...
Amazon and Flipkart accused of breaking competition law with …
WEBSep 14, 2024 · Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by giving preference to select sellers,...
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