SC stays order for CCI probe against Flipkart – Times of India

NEW DELHI: The Supreme Court on Wednesday stayed an order of the National Company Law Appellate Tribunal (NCLAT) asking the Competition Commission of India (CCI) to direct an investigation into alleged market dominance of popular e-commerce platfor m Flipkart.
A bench of Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian ordered stay on the NCLAT’s March 4 decision that negated the CCI’s earlier finding that there was no prima facie evidence to suggest that the e-commerce platform abused its market dominant position.
Appearing for Flipkart, senior advocate Harish Salve said the NCLAT decision suffered from contradictions as it did not observe anything wrong with the CCI finding and yet directed investigation into alleged abuse of market dominant position. He said Flipkart had a strong rival in Amazon and hence could not be said to have any market dominance.