Flipkart Monopoly Concerns: Supreme Court Weighs In
The Supreme Court has raised concerns about Flipkart's monopoly in the e-commerce sector, questioning its impact on smaller vendors. A bench highlighted the need to protect consumer interests while allowing big players to thrive. The case arose after the All India Online Vendors Association accused Flipkart of unfair trade practices. Although the association's representatives were absent, the court emphasized the importance of investigating the situation. Justice Kant noted that while Flipkart has helped many small vendors grow, its aggressive discounting strategies might harm the market balance. The court plans to examine these issues further in August.
