India's antitrust raids target sellers on Amazon, Walmart's Flipkart -sources


FILE PHOTO: Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021. REUTERS/Dado Ruvic/Illustration

NEW DELHI (Reuters) -India's antitrust body launched raids early on Thursday against two top domestic sellers of online retail giant Amazon.com Inc, and some on Walmart's Flipkart, following accusations of competition law violations, sources told Reuters.

Indian retailers, key supporters of Prime Minister Narendra Modi, have long contended that Amazon and Flipkart's platforms benefit a few big sellers, via predatory pricing, though the companies say they comply with all Indian laws.

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