STOCK MARKET BSE NSE

Flipkart, Amazon knock Karnataka HC door to challenge CCI order on antitrust probe

Terming the the CCI probe ‘erroneous’, Flipkart said the probe will cause irreparable damage to the company’s reputation/ loss of goodwill.

Published: 18th June 2021 02:41 AM  |   Last Updated: 18th June 2021 08:47 AM   |  A+A-

Karnataka High Court

Karnataka High Court (Photo | EPS)

Express News Service

BENGALURU:  E-commerce majors Flipkart and Amazon have appealed before a division bench of the Karnataka High Court to set aside the single-bench order of June 11, which allowed the Competition Commission of India to continue its probe into alleged anti-competitive practices by the e-tailers. 

Flipkart and Amazon have filed their appeals separately.

In its appeal, Flipkart has sought the Confederation of All India traders (CAIT) and Delhi Vyapar Mahasangh be held responsible for contempt of court, abusing the process of law by providing incorrect information “based on ill motives” to CCI as well as the courts. 

Terming the the CCI probe ‘erroneous’, Flipkart said the probe will cause irreparable damage to the company’s reputation/ loss of goodwill.

The fresh appeal comes after reports of India’s competition watchdog having expedited its probe into alleged preferential treatment of sellers, deep discounting and exclusive tie-ups with brands in violation of the country’s Competition Act.

The Walmart backed e-commerce firm accused CAIT of approaching the CCI with ‘unclean hands’ and said the watchdog as well as the single bench passed order “without application of the mind”. 

The e-tailer said the traders’ body and its affiliate Delhi Vyapar Mahasangh did not provide conclusive evidence to the CCI on the basis of which the probe was ordered.

It added the watchdog simply initiated a probe into the allegations without taking into cognizance the veracity of these charges and the “ill motives” of these trader organizations.

Flipkart said the CCI did not penalise the CAIT and its subsidiaries of Rs 1 crore for providing unsubstantiated information to the regulator, and has only been giving empty threats before judicial authorities.

It also said that it cannot be held accountable for allegations like having exclusive arrangement with sellers because of common shareholders/ board directors or employees. 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp