accuses
By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) – Samsung has accused India’s competition watchdog of unlawfully detaining its employees and seizing data in a raid carried out in connection with an antitrust investigation on Amazon (NASDAQ:) and Walmart (NYSE:)’s Flipkart, a legal filing shows. Samsung is embroiled in…
By Mike Scarcella and Supantha Mukherjee (Reuters) – “Fortnite” video game maker Epic Games on Monday accused Alphabet (NASDAQ:)’s Google and Samsung (KS:), the world’s largest Android phone manufacturer, of conspiring to protect Google’s Play store from competition. Epic filed a lawsuit in U.S. federal court in California alleging that…
By Aditya Kalra NEW DELHI (Reuters) – Samsung (KS:), Xiaomi (OTC:) and other smartphone companies colluded with Amazon (NASDAQ:) and Walmart (NYSE:)’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted by the…
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) – India’s commerce minister accused Amazon (NASDAQ:) and other e-commerce companies of predatory pricing practices and said the sector’s rapid rise should not disrupt millions of brick-and-mortar stores operating in the country. Amazon and Walmart (NYSE:)’s Flipkart have reshaped India’s retail…
Tesla was quick to fire back at Glass Lewis after the advisory firm encouraged shareholders to vote against the company’s $55 billion compensation plan for Elon Musk.In a letter to shareholders on Wednesday, Tesla slammed Glass Lewis, accusing the firm of “scaremongering” and faulty reasoning.”In its report, Glass Lewis omits…
