Indian traders ask court for Amazon, Flipkart antitrust probe restart

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Indian traders ask court for Amazon, Flipkart antitrust probe restart
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An Indian retail group has asked a court to allow the restart of an antitrust investigation into Amazon.com Inc and a Walmart unit that is on ...

An Indian retail group has asked a court to allow the restart of an antitrust investigation into Amazon.com Inc and a Walmart unit that is on hold following a legal challenge by the companies, a court filing seen by Reuters showed.

The Competition Commission of India in January ordered an investigation into business practices of the two e-commerce giants, but the High Court in Karnataka state put it on hold after Amazon argued the CCI did not have sufficient evidence to order it. "The present case before the CCI is one which involves matters of grave public interest and economic interest, and no stay should have been granted," the group said in its filing, which was made before India entered a nationwide lockdown late last month and has previously not been reported.

The CCI had ordered its investigation following a review of allegations that Amazon and Flipkart were promoting some"preferred sellers" and in turn hurting business for other, smaller sellers.

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