India top court says antitrust probe of Amazon, Walmart’s Flipkart should continue

NEW DELHI, Aug 9 (Reuters) – India’s Supreme Court on Monday said an antitrust investigation into business practices of Inc and Walmart’s Flipkart must continue, rejecting demands of the two e-commerce giants to put them on hold.

The Competition Commission of India ordered the investigation in 2020 against the companies for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition. The companies deny any wrongdoing and have repeatedly tried to mount legal challenges against the investigation.

The three-judge Supreme Court bench said companies like Amazon and Flipkart should volunteer for such investigations. (Reporting by Aditya Kalra in New Delhi and Abhirup Roy in Mumbai; Editing by Sanjeev Miglani)

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