CCI walks to SC against Karnataka HC's stay on probe against Amazon, Flipkart
By MYBRANDBOOK
An appeal against Karnataka’s HC order which stayed the watchdog’s probe on Amazon and Flipkart was filed by the Competition Commission of India (CCI). The apex court is expected to hear the matter later this week, however, the date has not yet been finalised.
Earlier in January 2020, CCI had ordered a probe against the two companies after traders’ bodies like Confederation of All India Traders (CAIT) and Delhi Vyapar Mahasangh (DVM) filed a complaint. Traders’ bodies, across India, have been accusing Amazon and Flipkart of anti-competitive practices that have created an unlevelled playing field for the brick-and-mortar stores sellers.
Besides this, CAIT and DVM have also accused Amazon and Flipkart of giving deep discounts, preferential treatment to select sellers and more. Looking into these complaints, CCI ordered a probe based on ‘prima facie’ evidence just two days before Amazon CEO Jeff Bezos landed in India on a business trip. Last year, even minister of industry and commerce Piyush Goyal was mediating this matter. However, the Karnataka high court put a stay on the matter in February, saying that CCI did not have adequate prima facie evidence to start a probe.
“Amazon India first challenged the matter where its rival Flipkart was a party to it and both of them submitted in Karnataka High Court that CCI did not have adequate prima facie evidence to start such a probe,” the court said.
CAIT had organised a nationwide protest against the anti-competitive practises by ecommerce companies like Amazon and Flipkart. The body called for a nationwide protest during the CEO Bezos’ visit to India, and protested outside the stadium he was speaking at in Delhi. Besides this, the traders’ body has also written to several government departments, ministers and officials, including Prime Minister Narendra Modi, highlighting their plight.
Earlier in May, CAIT also announced its plan to launch bharatemarket, its own ecommerce portal. CAIT has tied up with the Department for Promotion of Industry and Internal Trade (DPIIT) to connect millions of mom-and-pop or Kirana shops in the country to digital commerce. The traders association has clarified that the platform will be very different from the private e commerce entities and will focus on retailers and customers. The association has assured that it will give no preferential treatment to vendors listed on the platform and built on a geo-tagging feature which will allow customers to place orders from the nearest store of their choice. Once the order is placed, it will take up to two hours for the traders to deliver the items.
TAC Security becomes Cyber Security Assessor for the App Defen
The cybersecurity company, TAC Security has been selected as a key Cyber ...
InterGlobe’s Rahul Bhatia and C.P. Gurnani together announce
In a move that is set to transform the AI landscape, Rahul Bhatia, Group M...
Download masked Aadhaar to improve privacy
Download a masked Aadhaar from UIDAI to improve privacy. Select masking w...
Sterlite Technologies' Rs 145 crore claim against BSNL rejecte
An arbitrator has rejected broadband technology company Sterlite Technolog...
AGGRESSIVE ELECTRONICS MANUFACTURING SERVICES PVT. LTD.
JUVAS SOLUTIONS PVT. LTD.
OPTIEMUS INFRACOM
GLOBUS INFOCOM LTD.
Technology Icons Of India 2023: Debjani Ghosh
Debjani Ghosh is the first woman president of NASSCOM (the umbrella bo...
Technology Icons Of India 2023: Rishad Premji
Rishad Premji is the son of the Wipro head Azim Premji and was named a...
Technology Icons Of India 2023: Dr. P D Vaghela
Dr PD Vaghela serves as the Chairperson of Telecommunications Regulato...
BSE provides highly secure, efficient and transparent market for trading
BSE (formerly known as Bombay Stock Exchange Ltd.) is Asia's first & t...
INDIANOIL helps reach precious petroleum fuels to every nook and corner of the country
IndianOil, a diversified, integrated energy major with presence in alm...
C-DOT enabling India in indigenous design, development and production of telecom technologies
An autonomous telecom R&D centre of Government of India, Center of Dev...
FORTUNE MARKETING PVT. LTD.
Delhi based Fortune Marketing, An ISO 9001:2008 company, distributes ...
SATCOM INFOTECH PVT. LTD.
Satcom Infotech Pvt. Ltd is a distribution houses in security in India...
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...