The Karnataka High Court said that they have no evidence of Amazon, Flipkart getting into exclusive deals with smartphone firms. The probe into both companies following a plea by a Delhi-based traders’ body, had alleged that the ecommerce firms were working with preferred sellers, violating competition laws.
India’s competition watchdog did not have any material on record to prove that e-commerce marketplaces Amazon and Flipkart entered into exclusive deals with smartphone manufacturers on their platforms, according to a transcript of a court order.
The Karnataka High Court had on Friday stayed the Competition Commission of India’s January 13 directive ordering a probe into both companies following a plea by a Delhi-based traders’ body which had alleged that the ecommerce firms were working with preferred sellers, violating competition laws. “The contention urged on behalf of the petitioner (Amazon) that CCI has imagined (the) existence of ‘some agreement’ merits consideration,” the court order read.
CCI has no proof against Amazon and Flipkart: Karnataka HC
ET has access to the court order.
“...it is recorded in paragraphs No. 22 and 23 (of the CCI order) that there ‘appears’ to be exclusive partnership between smart phone manufacturers and ecommerce platforms. This finding is based on allegations made in the complaint,” it said, granting Amazon and Flipkart interim relief.
No comments:
Post a Comment