E-commerce Giants Face An Antitrust Investigation In India

The India's antitrust regulation were opened an investigation into Amazon as well as in Flipkart over the allegation that the two e-commerce giants are illegally undercutting local business.

The Competition Commission of India is investigating these two companies. The commission is also looking into allegations by a New Delhi trade group that Amazon and Walmart-owned Flipkart gave preferential treatment to some sellers on their platforms.

As everyone knows, India is a huge market for Amazon and Flipkart with an approximate of 700 million users with an e-commerce market with e-commerce market that Morgan Stanley projects will be worth around $200 billion in 2027.

Both these companies invested billions of dollars in South Asian country but have faced a growing government barriers. The new regulations were imposed on foreign retailers in the last year which aims to curb many of the practices cited in the antitrust complaint, and legislation in the works could place further restrictions on how overseas tech firms store data of Indian users.

Please follow and like us:

4 thoughts on “E-commerce Giants Face An Antitrust Investigation In India

  1. Good V I should certainly pronounce, impressed with your site. I had no trouble navigating through all tabs as well as related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or something, web site theme . a tones way for your customer to communicate. Excellent task..

Leave a Reply

Your email address will not be published.