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| Version 1 | Version 2 |
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| Global crackdown on Big Tech mounting as India plans to expedite Amazon & Walmart antitrust probe | Global crackdown on Big Tech mounting as India plans to expedite Amazon & Walmart antitrust probe |
| (2 months later) | |
| 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 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. | 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. | 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. |
| The probe was stalled for more than a year by legal challenges from the two companies. Last week, a court allowed the regulator to resume the audit, having dismissed arguments that the CCI lacked evidence. | The probe was stalled for more than a year by legal challenges from the two companies. Last week, a court allowed the regulator to resume the audit, having dismissed arguments that the CCI lacked evidence. |
| The watchdog is reportedly planning to demand information from the firms related to the allegations “as quickly as possible.” | The watchdog is reportedly planning to demand information from the firms related to the allegations “as quickly as possible.” |
| The CCI is reportedly accelerating investigations related to all cases involving big technology firms, deploying additional officers for some cases and working under more stringent internal deadlines. | The CCI is reportedly accelerating investigations related to all cases involving big technology firms, deploying additional officers for some cases and working under more stringent internal deadlines. |
| “Cases involving digital firms are getting priority at CCI as they can have significant impact on the economy and Indian startups,” unnamed sources told the agency. | “Cases involving digital firms are getting priority at CCI as they can have significant impact on the economy and Indian startups,” unnamed sources told the agency. |
| “The CCI’s plan to move faster on such cases is in line with other antitrust regulators globally that are investigating digital markets like e-commerce and online search, which are dynamic and evolving fast,” an Indian antitrust lawyer who represents tech companies said. | “The CCI’s plan to move faster on such cases is in line with other antitrust regulators globally that are investigating digital markets like e-commerce and online search, which are dynamic and evolving fast,” an Indian antitrust lawyer who represents tech companies said. |
| The investigation into Amazon and Flipkart is being resumed at a time when the companies are trying to refute accusations from offline retailers that their complex business structures allow them to circumvent foreign investment rules for e-commerce. | The investigation into Amazon and Flipkart is being resumed at a time when the companies are trying to refute accusations from offline retailers that their complex business structures allow them to circumvent foreign investment rules for e-commerce. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |