E-commerce giant Amazon has moved to quash an antitrust investigation in India launched at the behest of local merchants, arguing the probe would do irreversible damage to the company and its reputation.
Responding to an investigation opened by India’s Competition Commission (CCI) in January over allegations the company – as well as Walmart-owned Flipkart, one of its main rivals – violated competition laws, Amazon said the probe was “bereft of foundation” and would cause “irreparable” losses in a court filing on Monday.
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