Walmart’s Flipkart sees nothing wrong in offering to cut charges for sellers on its platform if they lower product prices, its lawyer told a court on Monday, drawing protest from a retailer group challenging the practice.
Flipkart and Amazon are in a court battle against the Competition Commission of India's (CCI) bid to restart an investigation into their business practices, after a judge in early June dismissed the companies' pleas.
Both Flipkart and Amazon have for years battled accusations from brick-and-mortar Indian retailers that they bypass the foreign investment law by favouring some sellers and influencing prices of products, which are prohibited.