Global crackdown on Big Tech mounting as India plans to expedite Amazon & Walmart antitrust probe | WHAT REALLY HAPPENED

Global crackdown on Big Tech mounting as India plans to expedite Amazon & Walmart antitrust probe

The Indian antitrust regulator will reportedly expedite an investigation into alleged anti-competitive practices by e-commerce giants Amazon and Flipkart, a local branch of US retail chain Walmart.

The probe launched by the Competition Commission of India (CCI) in January 2021 was initiated following a complaint alleging that the companies promoted select sellers on their platforms and that deep discounts stifled competition. Both Amazon and Flipkart have denied any wrongdoing.

Two people familiar with the issue told Reuters that India’s watchdog was planning to intensify scrutiny in the case as the nation steps up measures against anti-competitive behavior by Big Tech giants.

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