Will extend full cooperation to CCI probe: Amazon, Flipkart on SC decision
E-commerce giants Amazon and Flipkart on Monday said they are in compliance with all the rules, and will extend full cooperation to the CCI probe, following the Supreme Court’s refusal to entertain their pleas against an investigation into alleged violations of the competition laws.
Amazon and Walmart-owned Flipkart had approached the apex court, challenging the Karnataka High Court’s decision to allow the Competition Commission of India (CCI) to continue its investigation against them for alleged violations of the competition laws.
On Monday, the Supreme Court refused to entertain pleas of Amazon and Flipkart, saying that challenging the enquiry is like wanting a notice before the registration of an FIR under the criminal law and asked the e-commerce giants to submit themselves to the probe by the CCI.