Chinmaya IAS Academy – Current Affairs Chinmaya IAS Academy – Current Affairs
PRELIMS BITS
Amazon and Flipkart are facing legal challenges over alleged anti-competitive practices, with the Supreme Court transferring all related petitions to the Karnataka High Court. The case stems from a 2019 complaint by small traders accusing these platforms of unfair practices.
- Allegations:
- Preferential listing of select sellers.
- Exclusive product launches disadvantaging smaller sellers.
- Deep discounting practices benefiting specific sellers.
- Manipulated search results favoring preferred sellers.
- Legal Proceedings: Amazon and Flipkart deny wrongdoing and have challenged the Competition Commission of India (CCI) findings. Multiple lawsuits filed by vendors have complicated the case, with the Supreme Court consolidating the cases for expedited hearings.
- Implications: The case raises significant questions about competition in India’s e-commerce market and could lead to changes in e-commerce regulations, impacting how companies operate in the country.