Nod to CCI probe on Amazon, Flipkart

BENGALURU: The Competition Commision of India has finally received nod from the Supreme Court to continue its probe into the business models of e-commerce giants Amazon and Flipkart, thus putting an end to the months-long legal tussle between the regulator and the e-tailers.

The apex court while dismissing the petitions filed by the Amazon and Flipkart, on Monday, has given the companies four weeks time to respond to a notice by the CCI. “It is made clear that no further extension of time would be granted for the purpose,” the SC said in its order, a copy of which was seen by The New Indian Express.