Friday, December 27, 2024
HomeScienceAmazon-Flipkart's troubles increase amid festive season sale, accused of breaking rules - Top News Bulletin

Amazon-Flipkart's troubles increase amid festive season sale, accused of breaking rules – Top News Bulletin


Amid the ongoing festive season sale on Amazon and Flipkart, many online sellers have filed cases for violation of anti-trust rules. The troubles for e-commerce platforms are going to increase due to violations of CCI's anti-trust rules. Three online sellers working on Walmart-owned Flipkart have sued Indian antitrust watchdog CCI in an investigation which found That Flipkart and rival Amazon have violated competition laws.

Allegation of giving preference in listing

According to a Reuters report, an investigation into anti-trust rules against both e-commerce platforms Amazon and Flipkart was conducted in August 2024, in which it was found that some online sellers and smart brands present on the platform had disrupted the competition. The rules have been violated. Investigation found that these sellers and smartphone brands have been given priority in some listings on the e-commerce platform, which is contrary to the rules.

Flipkart and Amazon are the country's largest e-commerce platforms, on which millions of customers purchase products every day. Three online sellers have filed submissions in the Karnataka High Court to “set aside” the investigation report and halt the Competition Commission of India (CCI) process in an attempt to quash the crucial proceedings, Reuters reports.

See also  Strange mysterious waves that baffle scientists could be 'everywhere' inside Earth's mantle

Delay in investigation process

However, both these leading platforms Amazon and Flipkart have denied any wrongdoing. The vendors of these platforms say in the lawsuit that the investigation process, which first began in 2020, was intentionally delayed. All three sellers on Flipkart – CIGFIL Retail, Wishery Online and Xonique Ventures – have argued in their lawsuits that they were called to submit data to help the authorities during the investigation, but were later named as accused. Which goes against due process, court papers show.

All three online sellers said that the alleged investigation… is arbitrary, opaque, unfair. The matter may be heard next week. At present, no comment has been made by Flipkart and CCI regarding this matter. Last week, an Amazon seller also filed a similar case against CCI.

Information – Tension increased for millions of mobile users, will there be problem in making online payments from October 1?

Latest Tech News



Image Credit: India-Tv.

Top News Bulletin
Top News Bulletinhttps://topnewsbulletin.online
Top News Bulletin was founded by RankMagus, a top digital marketing agency in Kolkata, India, with a clear mission: to provide timely, accurate, and comprehensive news coverage. We believe staying informed is not just important—it's essential in today’s fast-paced world. That’s why we’re committed to delivering breaking news, in-depth analysis, and insightful commentary on a variety of topics, including politics, business, technology, sports, culture, and more. Our team of dedicated journalists and editors works around the clock to ensure that you get the most relevant and accurate news when you need it. At Top News Bulletin, we go beyond the headlines to bring you a deeper understanding of the stories shaping our world. With a commitment to journalistic integrity, we strive to maintain the highest standards of accuracy, objectivity, and fairness in all of our reporting. Whether you're seeking the latest developments in global politics, the newest trends in technology, or thoughtful perspectives on current events, Top News Bulletin is here to keep you informed and engaged. Stay connected with Top News Bulletin—your trusted source for real news, real fast.

Similar Articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular