Amazon, Walmart Unit Face India Antitrust Probe on Court Order
- Firms have four weeks to respond to Competition Commission
- Local retailers allege abuse of dominance through discounts
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India’s Supreme Court allowed an antitrust investigation to proceed against Amazon.com Inc.’s local unit and Walmart Inc.-backed Flipkart Internet Pvt. for allegedly abusing their dominance by offering deep discounts and preferential treatment to some vendors.
A three-judge panel headed by Chief Justice N.V. Ramana rejected separate petitions by Amazon and Flipkart seeking to halt the probe. The firms have four weeks to respond to notices from the Competition Commission of India.