India’s top court greenlights antitrust investigation against Amazon & Flipkart ...News

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India’s Supreme Court has ruled that the antimonopoly probe into the business practices of Amazon and Walmart-owned Flipkart should continue, rejecting the e-commerce giants’ pleas to stop the inquiry. “We expect organizations like Amazon and Flipkart, big organizations, they have to volunteer for inquiry and transparency. We expect that and you don’t even want (an) inquiry. You have to submit and (an) inquiry has to be conducted,” Chief Justice N.V. Ramana, who headed a three-judge panel, said. The ruling comes as another regulatory setback for the online retailers working in the world’s biggest consumer market that is open to foreign

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