India top court says antitrust probe of Amazon, Walmart’s Flipkart should continue_老虎社区_美港股上老虎

India top court says antitrust probe of Amazon, Walmart’s Flipkart should continue

Reuters2021-08-09

NEW DELHI, Aug 9 (Reuters) - India's Supreme Court on Monday said an antitrust investigation into business practices of Amazon.com Inc and Walmart's Flipkart must continue, rejecting demands of the two e-commerce giants to put them on hold.

The Competition Commission of India ordered the investigation in 2020 against the companies for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition. The companies deny any wrongdoing and have repeatedly tried to mount legal challenges against the investigation.

The three-judge Supreme Court bench said companies like Amazon and Flipkart should volunteer for such investigations.

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james_l
·2021-08-09
India has had issues with twitter and google before as well but they were not prevented from expanding further. I think regardless of this news, amazon will keep expanding in india.
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KYHBKO
·2021-08-09
India can be a key expansion for Amazon. let us watch the development
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ReinAoki
·2021-08-09
Like pls
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- BhaskarB:
  Ok
  2021-08-09
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- Waeisiong:
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  2021-08-09
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Alfred1007
·2021-08-09
Looks like it got some work to settle....
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The companies deny any wrongdoing and have repeatedly tried to mount legal challenges against the investigation.\nThe three-judge Supreme Court bench said companies like Amazon and Flipkart should volunteer for such investigations.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5470432,"gmtCreate":1628494364062,"gmtModify":1635156329856,"authorId":3576055655100541,"author":{"id":3576055655100541,"idStr":"3576055655100541","authorId":3576055655100541,"name":"BhaskarB","avatar":"https://static.tigerbbs.com/ae63d5d863287dbf3e7d25ef9ab845e0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":898686345,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5470841,"gmtCreate":1628497438602,"gmtModify":1635156297700,"authorId":3581590310925129,"author":{"id":3581590310925129,"idStr":"3581590310925129","authorId":3581590310925129,"name":"Waeisiong","avatar":"https://static.tigerbbs.com/058e1e1ecb51258cff6ed86fb0c17292","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":898686345,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":898616855,"gmtCreate":1628492201377,"gmtModify":1633746712144,"author":{"id":"3570656625926041","authorId":"3570656625926041","name":"Alfred1007","avatar":"https://static.tigerbbs.com/81d8406380cbc0525927f00a9510f2fa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570656625926041","authorIdStr":"3570656625926041"},"htmlText":"Looks like it got some work to settle....","listText":"Looks like it got some work to settle....","text":"Looks like it got some work to settle....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898616855","repostId":1108335993,"repostType":4,"repost":{"id":"1108335993","kind":"news","pubTimestamp":1628491960,"share":"https://www.laohu8.com/m/news/1108335993?lang=&edition=full","pubTime":"2021-08-09 14:52","market":"us","language":"en","title":"India top court says antitrust probe of Amazon, Walmart’s Flipkart should continue","url":"https://stock-news.laohu8.com/highlight/detail?id=1108335993","media":"Reuters","summary":"NEW DELHI, Aug 9 (Reuters) - India's Supreme Court on Monday said an antitrust investigation into bu","content":"<p>NEW DELHI, Aug 9 (Reuters) - India's Supreme Court on Monday said an antitrust investigation into business practices of Amazon.com Inc and Walmart's Flipkart must continue, rejecting demands of the two e-commerce giants to put them on hold.</p>\n<p>The Competition Commission of India ordered the investigation in 2020 against the companies for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition. The companies deny any wrongdoing and have repeatedly tried to mount legal challenges against the investigation.</p>\n<p>The three-judge Supreme Court bench said companies like Amazon and Flipkart should volunteer for such investigations.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>India top court says antitrust probe of Amazon, Walmart’s Flipkart should continue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndia top court says antitrust probe of Amazon, Walmart’s Flipkart should continue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/india-top-court-says-antitrust-063742800.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW DELHI, Aug 9 (Reuters) - India's Supreme Court on Monday said an antitrust investigation into business practices of Amazon.com Inc and Walmart's Flipkart must continue, rejecting demands of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/india-top-court-says-antitrust-063742800.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","AMZN":"亚马逊"},"source_url":"https://finance.yahoo.com/news/india-top-court-says-antitrust-063742800.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108335993","content_text":"NEW DELHI, Aug 9 (Reuters) - India's Supreme Court on Monday said an antitrust investigation into business practices of Amazon.com Inc and Walmart's Flipkart must continue, rejecting demands of the two e-commerce giants to put them on hold.\nThe Competition Commission of India ordered the investigation in 2020 against the companies for allegedly promoting select sellers on their e-commerce platforms and using business practices that stifle competition. The companies deny any wrongdoing and have repeatedly tried to mount legal challenges against the investigation.\nThe three-judge Supreme Court bench said companies like Amazon and Flipkart should volunteer for such investigations.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":37,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}