Amazon and Flipkart violated competition laws in India, report says

Indian antitrust regulator has found that Amazon and Flipkart, owned by Walmart, violated local competition laws, according to a report. The finding presents a new challenge for the e-commerce giants in a market where online retail growth remains modest at under 15% and quick-commerce is increasingly snatching business from Amazon India and Flipkart. The Competition Commission of India (CCI) launched a probe into Flipkart and Amazon India in 2020 following claims that these companies favored specific vendor ...