Flipkart, Amazon not violating competition norms, says CCI

MUMBAI, NOV 9: Fair trade watchdog CCI has concluded that the business practices of Flipkart and Amazon are not in violation of competition norms and rejected allegations of abuse of market dominance made by a grouping of online vendors.
Amid concerns expressed in various quarters about alleged unfair business ways in the fast-growing online market place, the CCI in its ruling also made it clear that any intervention in the evolving e-commerce market place needs to be “carefully crafted” to ensure that innovations are not stifled.
The latest ruling from the Competition Commission of India (CCI) has come on a complaint filed by the All India Online Vendors Association, a grouping of over 2,000 sellers on various e-commerce market places. (PTI)