A division Bench of the Karnataka High Court has scheduled the hearing of appeals of e-commerce giants Flipkart and Amazon in an antitrust probe for Monday. “We will hear the matter on merit completely and dispose of it,” said the Bench comprising Justice Satish Chandra Sharma and Justice Natraj Rangaswamy.
The e-commerce majors had filed separate appeals before the division Bench of the High Court, challenging a single-judge Bench order allowing the Competition Commission of India (CCI) to restart its probe into allegations of anti-competitive behaviour against them.
“We have full faith in the judiciary and we are looking for early investigation by CCI into the business model and business practices of Amazon and Flipkart which are killing small traders every day,” said CAIT Secretary General Praveen Khandelwal.
Antitrust body CCI had last year announced a probe against Amazon and Flipkart following a complaint by the Delhi Vyapar Mahasangh (DVM), which represents small and medium business owners in Delhi, accusing the two e-commerce giants of favouring some preferred sellers, hurting small businesses. But the two firms had managed to get a stay on the probe.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.