NCLAT asks CCI to probe against Flipkart over alleged unfair practices
PTI, Mar 4, 2020, 3:54 PM IST
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked the fair trade regulator CCI to initiate again the probe against Flipkart for alleged use of its dominant position.
A three-member bench of the NCLAT headed by Chairman Justice S J Mukhopadhaya has set aside the earlier order passed by the Competition Commission of India (CCI) in this regard.
Earlier, the CCI had absolved e-commerce major Flipkart of unfair practices using its dominant position.
The appellate tribunal has directed the CCI to ask its probe arm Director General (DG) to investigate into the allegations. “We set aside the order passed by CCI…,” the bench said adding that the fair trade regulator “is directed to initiate probe against Flipkart.”
The NCLAT said that the All India Online Vendors Association (AIOVA) has successfully made its case here. Passing an order on November 6, 2018, the CCI had held that the business practices of Flipkart and Amazon are not in violation of competition norms and rejected allegations of abuse of market dominance made by AIOVA.
The AIOVA had alleged abuse of market dominance against Flipkart India Pvt Ltd, which is into wholesale trading/distribution of books, mobiles, computers and related accessories, and e-commerce marketplace Flipkart Internet Pvt Ltd. The CCI had ruled that looking at the present market construct and structure of online marketplace platforms in India, “it does not appear that anyone player in the market is commanding any dominant position at this stage of evolution of the market.”
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial
Gautam Adani charged in US with USD 250 mn bribery, fraud
India’s GDP growth likely to slip at 6.5 pc, maintains 7 pc estimate for FY25: Icra
RBI cautions public about ‘deepfake’ video of governor being circulated on social media
We disagree with decision, plan to appeal: Meta on CCI imposing Rs 213-cr penalty
MUST WATCH
Latest Additions
Siddaramaiah says confident of winning all three bypolls in Karnataka
Hop on! IT Minister Priyank Kharge checks out Uber Shuttle at Bengaluru Tech Summit
Actress Kasthuri released from jail, says ‘I thank those who made me raging storm’
Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial
AIMPLB to hold its annual general sessions in Bengaluru from November 23
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.