Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
you are here: HomeNewsBusiness

CCI seizes documents, data from Amazon, Flipkart sellers in raids: Report

The Competition Commission of India (CCI) started early on Thursday raiding two top domestic sellers on Amazon's platform - Cloudtail and Appario - as well as some sellers on Walmart's Flipkart, following allegations the sellers and marketplaces had breached competition law.

April 29, 2022 / 03:33 PM IST
Source: Reuters

Source: Reuters

Indian investigators seized data and documents from top sellers on Amazon.com Inc's and Flipkart's marketplaces in a second day of raids on Friday over suspected competition law violations, sources with direct knowledge told Reuters.

The Competition Commission of India (CCI) started early on Thursday raiding two top domestic sellers on Amazon's platform - Cloudtail and Appario - as well as some sellers on Walmart's Flipkart, following allegations the sellers and marketplaces had breached competition law.

The raids relate to an investigation the CCI ordered in January 2020 in which Amazon and Flipkart face allegations of promoting preferred sellers on their websites and giving priority to listings of some sellers, Reuters has reported.

On Friday, CCI investigators were collecting emails, documents and data from computers, after questioning several officials of the seller companies, said two of the sources.