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India’s Antitrust Watchdog Expedites Investigation into Flipkart, Amazon

Walmart’s Flipkart and Amazon are in hot water with regulatory authorities in India. Last week, a court dismissed the retailers’ legal challenges, which had delayed the investigation into their business practices for over a year. The Competition Commission of India (CCI) is now expediting the investigation, according to sources close to the matter, pushing for information from Flipkart and Amazon “as quickly as possible” to address accusations that these companies violated antitrust law in India.

“Cases involving digital firms are getting a priority at CCI as they can have significant impact on the economy and Indian startups,” said one of the people.

Read the full story at Reuters.