Business

Flipkart has challenged restart of an anti-trust probe against it by Competition Commission of IndiaWalmart's Flipkart has filed a legal challenge against the restarting of an anti-trust probe into the company, arguing in a court filing that the investigation would cause "irreparable injury."The Competition Commission of India (CCI) began an investigation in January last year following a complaint alleging that Flipkart and Amazon promoted select sellers on their e-commerce platforms and used deep discounts to stifle competition.The companies have denied wrongdoing and near-immediate legal challenges from the pair stalled the probe for more than a year until a court last week allowed it to resume, having dismissed arguments that the CCI lacked evidence.The fresh appeal from Flipkart, filed on June 16, argues that decision to allow the probe to resume was erroneous and must be put on hold.The filing, which was not made public but has been viewed by Reuters, also urged the court to quash the initial CCI order for the investigation.





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


Adani Group Posts Stellar 2024-25 Performance; EBITDA Hits All-Time High


Indian Economy Remains Resilient Amid Trade Tensions, Policy Uncertainty: RBI Report


Sensex Tanks 720 Points In Early Trade, Nifty Down 220 Points


Sensex Jumps 800 Points, Market Bounce Back On Buying Bank Stocks


India Well-Positioned To Deal With Negative Effects Of US Tariffs: Moody's


Sensex Up 267 Points, Market Bounce Back On Buying In Bank Stocks


Piccadily Becomes The 1st Indian Alcobev Company To Adapt NFC Technology To Combat Counterfeiting


[Business] - Filing Guide And Full List Of Deadlines


Stock Market Opens Flat Amid Mixed Global Cues


Sensex Falls 231 Points, Nifty Downs 49 Points Amid Mixed Global Cues


Adani Defence, Sparton Sign Deal To Make Anti-Submarine Sonobuoys In India


Sensex Jumps 1,000 Points, Nifty Breaches 25,000 After Trading Flat Till Noon


Wholesale Inflation Falls To 0.85% In April


UnitedHealth CEO Andrew Witty Suddenly Steps Down Deepening Crisis


Sensex Up 281 Points As Retail Inflation Drops To 6-Year Low In April


Sensex Slips 1,000 Points A Day After Record Rally, Nifty Down 200 Points


Sensex, Nifty Clock Best Single-Day Rally In 4 Years After Ceasefire Deal


Adani Power Wins Contract To Supply 1,500 MW Electricity To Uttar Pradesh


Midcap Stocks Effects Amid Mixed Global Cues