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 13, 2024

Market News

Business

As Flipkart prepares for its Big Billion Days Sale, it empowers over 1.4 million sellers with vital insights and tools for success.

Flipkart is gearing up for its highly anticipated ‘Big Billion Days Sale 2024’ by equipping sellers with essential tools to meet the holiday season demand. The company recently held seller conclaves in nine major Indian cities, engaging over 4,500 participants and empowering more than 1.4 million entrepreneurs to enhance their business strategies. These sessions emphasized ...

September 12, 2024

Market News

Business

Amazon and Flipkart face antitrust findings in India for preferential treatment of sellers, igniting a fierce competition debate.

An Indian antitrust investigation has concluded that Amazon and Flipkart violated local competition laws by favoring specific sellers on their platforms. The Competition Commission of India (CCI) initiated this probe in 2020, following complaints that these companies promoted select sellers over others. The findings revealed that preferred sellers appeared more prominently in search results, marginalizing ...