India Lawmaker Calls for Suspension of Amazon and Flipkart Operations

An Indian lawmaker and a trade group have urged the government to suspend Amazon and Flipkart's operations due to findings of antitrust violations. The Competition Commission of India has reported that both companies favored specific sellers, harming competition in the e-retail market.

Sources (2)

Open Article

9/13/2024

[0]Benzinga

Amazon, Walmart's Flipkart Violate India's Antitrust Laws, Investigators Allege: Report - Amazon.com (NASDAQ:AMZN), Walmart (NYSE:WMT)

[1]Reuters

India lawmaker, trade group seek suspension of Amazon, Flipkart operations after antitrust breaches

Score	Value
Scale	8
Novelty	4
Positivity	3
Reliability	8
Actionability	6
Society	7
Journalism	5

Highlights

An Indian lawmaker and a retailers' group have called for the suspension of Amazon and Flipkart's operations due to antitrust breaches.
The Competition Commission of India (CCI) has found that Amazon and Flipkart violated local competition laws by favoring specific sellers.
The CCI investigation reports are not public but span over 2,700 pages combined for both companies.
The investigation was initiated following a complaint from the Delhi Vyapar Mahasangh, which represents 80 million retailers.
India's e-retail market is valued between $57 billion and $60 billion in 2023 and is projected to exceed $160 billion by 2028.

Perspectives

The lawmaker argues that the practices of Amazon and Flipkart are damaging to India's manufacturing sector and smaller retailers, highlighting the need for regulatory action.
Both Amazon and Flipkart have denied any misconduct, asserting that their practices comply with Indian laws, and they plan to review the CCI reports before responding.