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Amazon, Flipkart lose appeal against antitrust probe in India

By Phoebe Seers ( July 23, 2021, 07:30 GMT | Insight) -- E-commerce majors Amazon.com and Walmart-owned Flipkart have lost their appeal challenging an earlier decision that allowed the Indian competition regulator to continue probing allegations of anticompetitive behavior by the pair, a spokesman for Amazon told MLex. The two companies were facing an investigation into allegations that they used exclusive partnerships with preferred sellers as well as deep discounting and preferential listing arrangements as exclusionary tactics to foreclose competitionE-commerce majors Amazon.com and Walmart-owned Flipkart have lost their appeal challenging an earlier decision that allowed the Indian competition regulator to continue probing allegations of anticompetitive behavior by the pair, a spokesman for Amazon told MLex....

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