The Competition Commission of India (CCI) has reportedly raided top domestic sellers on Amazon and Walmart-owned Flipkart The raids were in line with the accusation of competition law violations. , a report by Reuters citing multiple sources revealed.
The report noted that offices of both Cloudtail and Appario — the top sellers on Amazon where the US-based ecommerce giant also holds indirect equity stake — were raided. The details of Flipkart sellers haven’t been released yet.
One of the sources also told Reuters that the raids were carried out in New Delhi and Bengaluru. The raids were in relation to an investigation antitrust watchdog CCI ordered in January 2020.
Indian retailers and associations have time and again accused ecommerce giants — Amazon and Flipkart — of favouring certain large sellers over others. The Indian foreign direct investment (FDI) guidelines prohibit foreign-funded companies from giving preferential treatment to any sellers or selling their own products on these platforms.
Source: Business Insider India
