Amazon contests anti-trust regulator’s charges in Karnataka high court

BENGALURU: American e-commerce leader Amazon.com Inc. on Wednesday told the Karnataka high court that evidence submitted by India’s antitrust regulator could not justify its decision to initiate a probe against the platform.

Amazon and Walmart-owned Flipkart are facing a Competition Commission of India (CCI) probe over allegations of offering deep discounts, preferred listings, promotion of private labels and exclusive partnerships with phone brands.

The scrutiny of Amazon, which has committed to invest over $5 billion in India, comes amid rising opposition by small traders against their online counterparts offering deep discounts to capture bigger market share.