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Xiaomi demands retraction of antitrust report against Walmart's Indian arm

By Freny Patel ( September 24, 2024, 01:16 GMT | Insight) -- Chinese mobile maker Xiaomi is understood to have demanded the retraction of an antitrust report filed by the investigation arm of the Indian competition authority. This follows another case of a leaked investigation report earlier this month linked to US e-commerce major Amazon and Walmart's domestic arm Flipkart, which were accused of violating India's antitrust law by favoring certain sellers and engaging in deep discounting. Xiaomi has raised concerns with the Competition Commission of India, suggesting that the reports contain confidential information and trade secrets that, if made public, could cause irreparable harm.Chinese mobile maker Xiaomi is understood to have demanded the retraction of an antitrust report filed by the investigation arm of the Indian competition authority....

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