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Amazon, Flipkart told by Indian supreme court that CCI's antitrust inquiry must proceed

By Freny Patel ( August 9, 2021, 09:32 GMT | Insight) -- E-commerce majors Amazon.com and Walmart-owned Flipkart suffered a setback today when the Supreme Court  of India denied their appeal to halt an investigation by the country's antitrust regulator. However, the court's three-judge bench allowed an extension of four weeks for the two companies to respond to investigation queries raised by the Competition Commission of India.E-commerce majors Amazon.com and Walmart-owned Flipkart suffered a setback today when the Supreme Court of India denied their plea to halt an investigation by the Indian antitrust regulator. However, the court allowed an extension of four weeks for the companies to respond to queries raised by the Competition Commission of India, or the CCI, which is examining trade practices by the two online platforms....

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