India: Flipkart, Snapdeal, Amazon absolved of anti-competitive charges

The Competition Commission has rejected allegations of unfair business practices against five online retail majors — Flipkart, Snapdeal, Amazon, Jabong and Myntra — as it did not find any prima facie evidence of violations.

The complaints were filed against Flipkart India Pvt Ltd, Jasper Infotech Pvt Ltd, Xerion Retail Pvt Ltd, Amazon Seller Services Pvt Ltd and Vector E-commerce Pvt Ltd. After looking into the matter for the past few months, the fair trade watchdog has ruled that these entities did not violate competition norms by indulging in cartelisation or by abusing their dominant position. Jasper runs Snapdeal.com, Xerion owns Jabong.com, while Vector is the company behind Myntra.com.

“The Commission is of the prima facie view that no case of contravention of the provisions of either section 3 or section 4 of the Act is made out against the opposite parties,” it said in a 10-page order. It was alleged that e-commerce websites and product sellers entered into exclusive agreements to sell products exclusively on select portals.

Full content: The Financial Express

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