India’s Supreme Court on Monday, October 26, asked the Karnataka High Court to decide the Competition Commission of India’s (CCI) plea for vacating stay on the investigation against e-commerce giants Amazon and Flipkart for alleged anti-competitive practices, reported Bloomberg.
A bench comprising Justices AM Khanwikar, Dinesh Maheswari, and Sanjiv Khanna asked the CCI to approach the High Court for relief.
Solicitor General Tushar Mehta, appearing for the CCI, said that the probe ordered against e-commerce companies was administrative in nature and would not affect the rights of any party.
He sought keeping the petition pending saying there are several wider issues involved in the case.
Senior advocate AM Singhvi, appearing for the e-commerce companies, said the CCI approached the top court after the delay of over 200 days.
The bench said that the High Court would hear the matter and decide it within six weeks and added the petition may be revived if no decision is given by the High Court in the said period.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI