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Monday 16 September 2024

Samsung, Xiaomi and other makers found guilty of colluding with Amazon and Flipkart

Samsung, Xiaomi, and other major smartphone companies are guilty of breaching antitrust laws, according to regulatory reports. Reuters revealed that the Competition Commission of India (CCI) found that Amazon and Flipkart violated local competition laws by giving preference to select makers, hurting other companies. Samsung Galaxy M35 is cheaper on Amazon India, compared with offline stores The CCI posted a 1,027-page report on Amazon, colluding with Samsung, Xiaomi, Motorola, Realme, and OnePlus. All these companies had "exclusive phone launches," breaking competition law. Similar is...

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