Walmart’s Flipkart says Indian probe should not deal with it the identical as Amazon – Occasions of India

Walmart's Flipkart says Indian probe shouldn't treat it the same as Amazon - Times of India

NEW DELHI: Walmart’s Flipkart shouldn’t be handled the identical as rival Amazon in an Indian antitrust probe because the proof in opposition to the 2 companies was “qualitatively completely different”, Flipkart argued in a court docket submitting seen by Reuters.
Each Amazon and Flipkart have challenged the Competitors Fee of India (CCI) in court docket as they search revocation of an Indian court docket’s June choice to permit an antitrust probe in opposition to them to proceed. The businesses deny any wrongdoing.
India’s authorities has known as the U.S. companies smug and accused them of utilizing authorized routes to stall the investigation.
In last submissions made to a court docket in Karnataka, the Walmart unit argued that CCI and the court docket “confuse the info” between the case of Amazon and Flipkart, and ignored that they have been “fierce rivals”.
To again its arguments, it mentioned {that a} enterprise settlement examined by the CCI earlier than ordering its probe was solely between Amazon and its sellers, and there was no such proof in opposition to the Walmart unit.
“The allegations and the proof earlier than the CCI in opposition to the Appellant have been qualitatively completely different from these regarding Amazon … The CCI ought to have independently examined the case in opposition to every of the 2 platforms,” Flipkart mentioned in its 46-page submission, which was not public.
The court docket is more likely to go a written order on the appeals in coming days.
Flipkart and Amazon didn’t instantly reply to a request for remark. The CCI did not reply outdoors common enterprise hours on Sunday.
For years, Amazon and Flipkart have denied allegations from brick-and-mortar retailers about circumventing regulation by creating advanced enterprise constructions.
Commerce minister Piyush Goyal final month lashed out on U.S. e-commerce giants for submitting authorized challenges and failing to adjust to the CCI’s probe, saying “in the event that they don’t have anything to cover … why do not they reply to the CCI?”
In February, a Reuters investigation based mostly on inside Amazon paperwork confirmed the U.S. agency for years had helped a small variety of sellers prosper on its platform in India, utilizing them to bypass overseas funding legal guidelines. Amazon additionally has oblique fairness stakes in two of its huge on-line sellers, Cloudtail and Appario, which get “backed charges”, Reuters reported.
The Walmart unit argued in its submission that “in contrast to within the case of Amazon”, there have been no structural hyperlinks of any variety between Flipkart and its sellers.
Flipkart “should have been handled in another way from Amazon,” it mentioned.
Amazon and Flipkart are main gamers in an e-retail market India forecasts can be value $200 billion by 2026.

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