SC: CCI plea to probe Amazon, Flipkart may be revived if Karnataka HC doesn’t decide on it in 6 weeks
Over a month after the competition watchdog Competition Commission of India (CCI) filed an appeal in the Supreme Court against the interim stay order by the Karnataka High Court to probe into the alleged malpractices by Amazon and Flipkart, the apex court on Monday declined to intervene. The Supreme Court, in fact, sent the case back to the Karnataka High Court to decide within six weeks on whether CCI could carry out its probe. However, the Supreme Court said that if the Karnataka High Court doesn’t dispose of the application by CCI for the vacation of stay within six weeks, then the “special leave petition may be revived in Supreme Court by CCI,” CAIT’s Secretary General Praveen Khandelwal confirmed to Financial Express Online citing the information shared by lawyers attending the proceeding.