Amazon Violates Indian Competition Laws
This is a India news story, published by CNBC, that relates primarily to Amazon news.
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•India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
80% Informative
Antitrust investigations conducted by the Competition Commission of India have found that Amazon and Flipkart violated local competition laws.
Samsung , Xiaomi and other smartphone companies colluded with Amazon to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, regulatory reports seen by Reuters .
India 's e-retail market is set to exceed $160 billion by 2028 , up from $ 57 -60 billion in 2023 , Bain estimates.
VR Score
90
Informative language
96
Neutral language
73
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