India court dismisses pleas by Amazon, Flipkart to quash antitrust probe-lawyer
|06/11/2021 | 05:58am|
NEW DELHI (Reuters) - 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)