New Delhi: E-commerce giant heroine And Flipkart After the Supreme Court refused to entertain their petitions against the probe into alleged violations of competition laws, he said on Monday that he was in compliance with all rules and the CCI would extend full cooperation to the probe.
Amazon and Walmart-owned Flipkart had approached the apex court challenging the Karnataka High Court’s decision to allow Competition Commission of India (CCI) to continue its investigation against him for alleged violation of competition laws.
On Monday, the Supreme Court refused to entertain the petitions of Amazon and Flipkart, saying that challenging the probe is tantamount to seeking a notice before filing an FIR under the criminal law and the e-commerce giants have to investigate themselves. asked to submit. CCI.
When contacted, an Amazon spokesperson said: “Amazon has a high restriction on compliance and we comply with all applicable laws. We will fully cooperate with the CCI investigation”.
A Flipkart spokesperson said the company is yet to receive the order, but it respects the Supreme Court’s decision.
“We are in compliance with applicable Indian laws and will cooperate with the investigation,” the spokesperson said.
The CCI’s January 2020 inquiry order followed a complaint by the Delhi Vyapar Mahasangh, whose members include several traders dealing in smartphones and related accessories.
On January 13, 2020, fair trade regulator CCI ordered an investigation against Flipkart and Amazon for alleged misconduct involving deep discounting and colluding with preferred sellers on their platforms, following which the two companies sought to quash the investigation. had moved the High Court. count.
Last month, the Karnataka High Court dismissed cases filed by Amazon and Flipkart, seeking quashing of the CCI’s 2020 probe, after which the companies moved the Supreme Court.
Amazon and Walmart-owned Flipkart had approached the apex court challenging the Karnataka High Court’s decision to allow Competition Commission of India (CCI) to continue its investigation against him for alleged violation of competition laws.
On Monday, the Supreme Court refused to entertain the petitions of Amazon and Flipkart, saying that challenging the probe is tantamount to seeking a notice before filing an FIR under the criminal law and the e-commerce giants have to investigate themselves. asked to submit. CCI.
When contacted, an Amazon spokesperson said: “Amazon has a high restriction on compliance and we comply with all applicable laws. We will fully cooperate with the CCI investigation”.
A Flipkart spokesperson said the company is yet to receive the order, but it respects the Supreme Court’s decision.
“We are in compliance with applicable Indian laws and will cooperate with the investigation,” the spokesperson said.
The CCI’s January 2020 inquiry order followed a complaint by the Delhi Vyapar Mahasangh, whose members include several traders dealing in smartphones and related accessories.
On January 13, 2020, fair trade regulator CCI ordered an investigation against Flipkart and Amazon for alleged misconduct involving deep discounting and colluding with preferred sellers on their platforms, following which the two companies sought to quash the investigation. had moved the High Court. count.
Last month, the Karnataka High Court dismissed cases filed by Amazon and Flipkart, seeking quashing of the CCI’s 2020 probe, after which the companies moved the Supreme Court.
.