The Supreme Court on Monday declined to interfere with Competition Commission of India (CCI) investigation against e-commerce giants Amazon and Flipkart for alleged competition law violations. The top court rejected demands of the companies asking for halt of the probe and said that the probe must continue. The probe was launched following a following a complaint by the Delhi Vyapar Mahasangh (DVM), which represents small and medium business owners in Delhi. Earlier on July 23, the Karnataka high court (HC) quashed separate petitions by Amazon India and Flipkart against the antitrust investigation. A three-member bench was hearing the case during which it called for companies' participation as it declined to halt the probe.
Source: Hindustan Times August 09, 2021 07:45 UTC