“An investigation must be conducted”: SC junks Flipkart, Amazon pleads against the ICC investigation

New Delhi, August 9 (SocialNews.XYZ) The Supreme Court on Monday refused to hear the plea from e-commerce giants Amazon and Flipkart, saying they face an investigation by the Indian Competition Commission (ICC) for anti-competitive practices.

A bench led by Chief Justice NV Ramana and composed of Justices Vineet Saran and Surya Kant said: “Large organizations like you (Flipkart and Amazon) should volunteer to investigate … An investigation must be carried out.”

The judiciary refused to interfere with the orders of the Karnataka High Court, which refused to interfere with the preliminary investigation ordered by the ICC into their alleged anti-competitive practices.

“In carefully reviewing the documents available on file, we see no reason to interfere with the contested orders made by the Karnataka High Court dismissing the applicants’ appeals. his order.

Lead counsel AM Singhvi, representing a petitioner, submitted that the deadline for responding to the notice issued by the CCI CEO’s office expires on August 9 and requested an extension.

The highest court, in its order, said: “In view of the request made by the senior learned lawyer, the time limit for responding to the opinion is extended by a further period of four weeks from today . It is clearly stated that no further extension of a deadline would be granted for this purpose. Following the rejection of requests for special authorization, all pending requests filed in the cases are also resolved. “

E-commerce companies had moved the Supreme Court to challenge the Karnataka High Court’s order. On July 23, the Karnataka High Court dismissed Amazon and Flipkart’s plea against an investigation initiated by the ICC for alleged violation of competition law.

A division bench of Justices Satish Chandra Sharma and Natraj Rangaswamy passed the order on a batch of appeals filed by e-commerce companies challenging a June 11 order passed by a single High Court judge.

The judiciary noted that, without any stretch of the imagination, the investigation may be canceled at this point and appellants should not be afraid of the ICC investigation. The court said: “In the considered opinion of the court, the appeals filed by the appellants are without merit and deserved to be dismissed …”

Amazon had brought the Karnataka High Court against an ICC order that requested a CEO-level investigation into allegations of anti-competitive behavior in the online sale of smartphones on its platform. The Delhi Vyapar Mahasangh (DVM), the informant before the ICC, had alleged predatory pricing, steep discounts, a list of preferential sellers and exclusive partnerships, among others, against Amazon and Flipkart.

Source: IANS

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