Karnataka High Court halts CCI investigation of Flipkart and Amazon due to procedural error.
The Karnataka High Court has temporarily paused the Competition Commission of India's (CCI) investigation into Flipkart and Amazon due to a procedural error by the CCI's director general. The DG reclassified sellers without prior approval, violating established procedures. This investigation focuses on allegations that the companies engaged in anti-competitive practices and violated foreign direct investment (FDI) regulations. The next hearing is set for October 21.
October 05, 2024
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