ED to question Amazon, Flipkart officials over alleged foreign investment law violations: Report

The Enforcement Directorate of India (ED) will question Amazon and Flipkart officials as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms’ sellers, Reuters reported on Monday, November 11, citing a senior government source.

This investigation action signals rising regulatory scrutiny of Flipkart and Amazon, especially given their rapidly growing sales in the $70 billion e-commerce market. The agency reported earlier that India’s antitrust regulator, the Competition Commission of India (CCI) investigation, revealed that the two companies breached laws by favouring select sellers.