AIOVA had accused Amazon of anti-competitive practices such as being partial to Cloudtail and Amazon Retail where the ecommerce giant holds equity stakes
The CCI had asked Amazon India to furnish more details in its antitrust hearing in the regard
Amazon is already at loggerheads with Reliance Retail over its potential acquisition of Future Group
Amazon has been in news for all the wrong reasons lately, be it the tussle with Future Group over its deal with Reliance or getting fined for not showing country of origin for products on Amazon India, as well as protests by sellers and traders over alleged unfair practices. Adding to the woes of the US ecommerce giant, the Competition Commission of India has asked Amazon India to furnish more details on the antitrust case filed by the All-India Online Vendors Association (AIOVA).
The body representing online sellers has accused Amazon of anti-competitive practices such as being partial to select sellers such as affiliated companies Cloudtail and Amazon Retail where the tech giant holds equity stakes. This comes at a time when the government had asked the Enforcement Directorate and Reserve Bank of India to investigate any potential FDI violations by ecommerce companies like Amazon and Flipkart.