Digital
Leading with purpose creates wins for consumers, community and country: Hina Nagarajan of Diageo India
The Competition Committee of India (CCI) is set to issue its final orders by November on the long-running investigation into alleged anti-competitive practices by ecommerce giants Amazon and Flipkart.
According to sources close to the development, the regulator's probe has confirmed that both companies have engaged in antitrust activities, giving preferential treatment to select sellers on their platforms.
The CCI's investigation wing, headed by Director General Ansuman Pattnaik, found evidence that the platforms' deep discounting practices, facilitated through preferred sellers, are distorting competition. "The anti-competitive practices have been noticed across most product categories," a source told in a report.
The probe, which has been ongoing for four years, is now in its final stages. The findings, finalized in August, were submitted to both Amazon and Flipkart for their responses. The timing coincides with the build-up to Diwali, a critical sales period for the ecommerce giants.
After reviewing the responses from both companies, the CCI is expected to deliberate and arrive at a final decision. "It should come by November," said another person familiar with the matter.
The regulator's orders will likely reflect the position that deep discounting through preferred sellers has indeed harmed market competition.
At the Storyboard18 DNPA Conclave 2025, Union Minister Ashwini Vaishnaw spotlighted the critical role of traditional media in an evolving digital landscape. He emphasized that such gatherings can aid the govt in formulating more effective policies for a balanced and sustainable media ecosystem.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.