Articles for tag: Amazon, Antitrust, Breaching, collusion, Competition, Expose, Flipkart, harming, India, Laws, Regulatory, Reports, Samsung, Xiaomis

September 14, 2024

Regulatory reports expose Samsung and Xiaomi’s collusion with Amazon and Flipkart, breaching antitrust laws and harming competition in India.

Recent investigations by India’s Competition Commission have found that major smartphone brands like Samsung and Xiaomi colluded with Amazon and Flipkart to break antitrust laws. Reports indicate that these companies engaged in exclusive product launches and prioritized selected sellers, harming competition and local retailers. Both Amazon and Flipkart allegedly favored preferred sellers, offering them discounts ...

September 5, 2024

Market News

Business

Nykaa sues ex-CBO Gopal Asthana for breaching confidentiality, claiming he poached their employees for Tata Cliq, seeking compensation.

Nykaa, a leading beauty and fashion retailer, has filed a lawsuit against its former Chief Business Officer, Gopal Asthana, now with Tata Cliq. The company accuses him of breaching confidentiality and attempting to lure former employees to join Tata Cliq, where he currently serves as head. Nykaa is seeking a refund of nearly Rs 19 ...