NEW DELHI: Walmart's Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence against the two firms was "qualitatively different", Flipkart argued in a court filing seen by Reuters. Both Amazon and Flipkart have challenged the Competition Commission of India (CCI) in court as they seek revocation of an Indian court's June decision to allow an antitrust probe against them to continue. The Indian court is likely to pass a written order on the appeals in coming days. For years, Amazon and Flipkart have denied allegations from brick-and-mortar retailers about circumventing Indian law by creating complex business structures. Amazon and Flipkart are leading players in an e-retail market India forecasts will be worth $200 billion by 2026.

Source: Mint July 18, 2021 09:00 UTC