The Competition Commission of India found that major smartphone companies like Samsung and Xiaomi violated antitrust laws through practices such as exclusive launches and preferential listings.
G.V. Siva Prasad stated that exclusivity in business is 'anathema' to fair competition, emphasizing that the practices harm other retailers and consumer choices.
Reports indicated that Amazon and Flipkart's preferential treatment of select manufacturers created an unlevel playing field, with steep discounts favoring the big players over others.
With Samsung and Xiaomi dominating over a third of the smartphone market, the CCI's findings highlight the significant influence these companies wield over online sales.
#antitrust-laws #smartphone-market #competition-commission-of-india #exclusive-launches #market-regulation
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