Indian investigators seized data and documents from top sellers on Amazon and Flipkart's marketplaces in a second day of raids over suspected competition law violations, sources with direct knowledge told Reuters
The raids relate to an investigation the CCI ordered in January 2020 in which Amazon and Flipkart face allegations of promoting preferred sellers on their websites and giving priority to listings of some sellers, Reuters has reported.On Friday, CCI investigators were collecting emails, documents and data from computers, after questioning several officials of the seller companies, said two of the sources.
The raids follow a Reuters investigation last year which was based on Amazon internal documents and showed the company gave preferential treatment for years to a small group of sellers on its platform, including Cloudtail, and used them to bypass Indian laws. A second source with direct knowledge said CCI's officers were trying to find details of top sellers operating on Amazon and Flipkart for the period 2016-2020.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MGM Film Chiefs Michael De Luca, Pam Abdy Out at Amazon in Shake-UpAmazon has parted ways with two top MGM film executives roughly a month after it closed its $8.5 billion deal to buy the studio. Michael de Luca, the motion picture group chairman, and Pam Abdy, th…
Read more »
Brazil Court Deals Blow to Massive Amazon Gold Mine ProjectOne prosecutor called the ruling \u0022another victory for the Indigenous and riverine people of Volta Grande do Xingu,\u0022 who \u0022know that a mining project can have devastating impacts on the region.\u0022
Read more »
Foldable Amazon Kindles with color screens might be headed our wayE-Ink screens are great for battery life, and they’re easy on the eyes but if you want to read magazines, you’re bound to simple shades of gray.
Read more »
A Year After Suing Amazon, Charlotte Newman Isn't Done Speaking Up'I now understand that courage is more about a daily decision of deciding to move forward,' Newman tells BAZAAR.com.
Read more »
Amazon stock plunges as company reports nearly $4 billion lossAmazon reported a significant loss in the first three months of the year, sending the company’s stock plunging.
Read more »
Amazon Secretly Dropped Over 50% Off Beats' Noise Canceling EarbudsBeats' noise-cancelling wireless Beats Studio Earbuds are on sale on Amazon for a deal you can't miss. They're over 50 percent off, taking $80 off the price.
Read more »