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NEW DELHI/BENGALURU (Reuters) - An Indian antitrust investigation of Amazon.com Inc (AMZN.O) and Walmart’s (WMT.N) Flipkart has been put on hold by a court, three lawyers involved in the proceedings told Reuters on Friday.
Amazon this week challenged the investigation in a court in Bengaluru and the court has granted a stay of two months, according to a lawyer from P&A Law Offices representing Amazon and two other legal counsels involved in the matter.
The Competition Commission of India (CCI) last month ordered a probe into Amazon and Flipkart over alleged violations of competition law and certain discounting practices.
“This comes as a major relief,” said the Amazon counsel, who declined to be named as he was not authorized to speak to media.
The CCI ordered its probe after a New Delhi-based trader group complained that the e-commerce giants were promoting select sellers and in turn hurting business for other smaller players.
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India court stalls Amazon, Flipkart antitrust probes: lawyers https://t.co/FOU7tVMOYh via @hybrid_ts https://t.co/Hy0iJnRHGN
India court stalls Amazon, Flipkart antitrust probes: lawyers https://t.co/MnjELtdBJK
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