CCI orders probe against Amazon, Flipkart over discount practices. India’s Competition Commission of India (CCI) has ordered to investigative team to survey online shopping sites mainly Amazon and Flipkart about their discounting practices, on exclusive brand launches on their platforms and they have as stated offered to certain mobile phones sellers and so on. On Monday, the Competition Commission of India (CCI) said it “is that opinion that there occurs an evidential case which requires an investigation”. The antitrust body directed its director-general, who investigates these types of cases, to submit the report within 60 days. The order come to CEO of Amazon Jeff Bezos’ visit to India this week, during which he is likely to meet key policymakers including our honorable Prime Minister Narendra Modi. Jeff Bezos said it would work with the CCI to address the concerns. “We welcome the amazon in India and the opportunity to address statement made about Amazon; we ...
CCI orders probe against Amazon, Flipkart.