Articles for tag: Accusations, Antitrust, Breaching, Claiming, Competition, Data, Disclosure, Indias, Laws, Recall, Report, Seeks, Sensitive, Xiaomi

September 23, 2024

Xiaomi seeks to recall India’s antitrust report, claiming disclosure of sensitive data amid accusations of breaching competition laws.

Xiaomi has requested India’s antitrust body to retract its report, which indicated that Xiaomi and Walmart’s Flipkart violated competition laws. The company claims the report contains sensitive business information that should have been redacted. This request could postpone the ongoing antitrust investigation that started in 2021. Xiaomi’s main concern revolves around details regarding its smartphone ...

September 14, 2024

Market News

Business

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 ...