Regulatory reports: India's CCI accuses Samsung, Xiaomi, and other smartphone makers of collusion for exclusively launching products on Amazon and Flipkart
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's (WMT.N) Flipkart to exclusively launch products …
Reuters Aditya Kalra
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Discussion
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@adityakalra
Aditya Kalra
on x
Reuters Factbox on antitrust violations by Amazon, Flipkart https://www.reuters.com/... 1⃣Preferred Sellers (Amazon 6, Flipkart 33) 2⃣Preferential Listings 3⃣ Deep Discounts 4⃣ Exclusive Launches + Firms used foreign investments to subsidize rates for a few sellers
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@adityakalra
Aditya Kalra
on x
Data from @DatumIntel_IN shows rise of online phone sales on Amazon, Flipkart in India. From 14.5% in 2013 to 50% now. Probe finds Xiaomi, Samsung, Vivo, Realme, OnePlus colluded with Amazon/Flipkart in exclusive launches, violating antitrust law. READ https://www.reuters.com/...…
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@adityakalra
Aditya Kalra
on x
Additional revelation about smartphone brands comes after Reuters reported Indian reports that run into more than 2,500 pages and found Amazon and Walmart's Flipkart breached competition laws by favouring select sellers, indulged in deep discounting https://www.reuters.com/...
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@adityakalra
Aditya Kalra
on x
Antitrust violations by Amazon, Walmart's Flipkart found in India probe https://www.reuters.com/... 1⃣Preferred Sellers (Amazon 6, Flipkart 33) 2⃣ Preferential Listings 3⃣ Exclusive Launches 4⃣ Deep Discounts + Firms used foreign investments to subsidize rates for a few sellers
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@kushgrwl
Kush Agarwal
on x
The CCI has also said both companies used their foreign investments to provide subsidised rates for services like warehousing and marketing to a select number of sellers. @ashwani_mahajan
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@adityakalra
Aditya Kalra
on x
Reuters Exclusive: Samsung, Xiaomi, Vivo among smartphone brands which colluded with Amazon & Flipkart in exclusive launches, India antitrust probe finds. Such launches “severely affected” retailers who were provided mobile phones at a much later date https://www.reuters.com/...
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@bsindia
@bsindia
on x
@CAITIndia has welcomed the findings of @CCI_India investigation into ecommerce giants Amazon and Flipkart, while calling for urgent action against the companies for allegedly violating Indian laws. @VMukherjee7 #ecommerce #Amazon #Flipkart https://www.business-standard.com/ ...
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@aimraindia
@aimraindia
on x
🚨 We commend the CCI investigation confirming @AimraIndia & @CAITIndia's long-standing concerns about OEM & e-commerce collusion harming mobile retailers. This unethical practice not only jeopardizes jobs but also misleads consumers and impacts the exchequer. We're grateful to
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r/IndiaTech
r
on reddit
India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
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r/Android
r
on reddit
India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
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@aimraindia
@aimraindia
on x
📢 AIMRA India welcomes the @CCI_India report addressing the unlawful practices of @amazonIN and @Flipkart! 🙏 We express our gratitude to Commerce & Industry Minister Shri @PiyushGoyal ji for highlighting the concerns of Indian traders regarding e-commerce operations. His
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@adityakalra
Aditya Kalra
on x
Background - Indian retailers, including the CAIT group, have for years accused Amazon of such practices. This picture from 2020 shows “Jeff Bezos Go Back” protests [image]
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@reuterslegal
@reuterslegal
on x
An Indian antitrust investigation has found US e-commerce giant Amazon and Walmart's Flipkart violated local competition laws by giving preference to select sellers on their shopping websites, according to confidential reports seen by Reuters https://www.reuters.com/... [image]
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@adityakalra
Aditya Kalra
on x
Findings are the latest setback for Amazon Amazon in June last year said it will increase its Indian investment to $26 billion by 2030, including for its cloud business. Read. https://www.reuters.com/...
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@adityakalra
Aditya Kalra
on x
The CCI investigation report, which is not public but has been seen by Reuters, found wrongdoing. The report said preferred sellers on the platform “get the advantage in the (online) listing” and customers' attention is drawn towards those listings [image]
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@adityakalra
Aditya Kalra
on x
Amazon breached India antitrust laws by favouring select sellers like Cloudtail, indulged in deep discounting & exclusive launches, an investigation report shows. The strategy hurt smaller Indian sellers. Here's a long thread on the findings & @Reuters investigative stories [imag…
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@adityakalra
Aditya Kalra
on x
🚨India antitrust body CCI finds Amazon & Walmart's Flipkart breached competition law by favouring select sellers, deep discounting. They created an ecosystem where some sellers appeared higher in search, two confidential reports of 2,500+ pages show https://www.reuters.com/...