Samsung, Xiaomi, and other smartphone companies, along with Amazon and Walmart’s Flipkart, are under investigation by India’s Competition Commission (CCI) for violating antitrust laws. The investigation revealed that these firms launched exclusive products on e-commerce sites, giving select sellers an unfair advantage while negatively impacting brick-and-mortar retailers.
Key Findings:
- Preferential listings on e-commerce sites
- Exclusive smartphone launches hurting brick-and-mortar stores
- Smartphone companies’ financial documents under review
The CCI’s reports accuse smartphone companies like Samsung and Xiaomi of collaborating with Amazon and Flipkart for product launches, violating fair competition principles. The companies now face potential fines and mandated changes to business practices.