Categories: Business

HC upholds probe by CCI against Amazon, Flipkart

BENGALURU: In a setback to Amazon and Flipkart, the Karnataka high court has paved the way for conducting an investigation as to whether the e-commerce majors had violated provisions of the Competition Act, 2002 by entering into anti-competitive agreements.
Amazon and Flipkart had challenged the January 20, 2013 order of the Competition Commission of India (CCI) to conduct an investigation through its director general, in response to a complaint filed by Delhi Vyapar Mahasangh.
Dismissing their petitions, Justice P S Dinesh Kumar has noted that the “informant has filed information and appended material papers, which, according to the informant, support its allegations”.
The judge pointed out that the additional solicitor general has submitted that CCI has also called upon the informant to file a certificate under section 65B of the Indian Evidence Act and the penalty for incorrect information is up to Rs 1 crore under section 44 of the Competition Act.

news2in

Share
Published by
news2in

Recent Posts

44 ordered to attack the procession

Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…

2 years ago

Punjab: Police Reject conspiracy theory in the case of Deep Sidhu

Sonīpat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…

2 years ago

Punjab: Hidden Strength Working Behind PM Narendra Modi, Arvind Kejriwal, said Rahul Gandhi

PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…

2 years ago

BJP made AAP to endanger the Congress, said Ajay

Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…

2 years ago

Our job is to make Punjab No. 1 State: Meenakshi Lekhi

Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…

2 years ago

Feb 20 is an opportunity to change the destiny of Punjab and his children: Bhagwant Mann

Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…

2 years ago