Tuesday, October 2, 2018

Walmart may repeat #39;predatory behaviour#39; in India as well: CAIT to NCLAT

Walmart may repeat #39;predatory behaviour#39; in India as well: CAIT to NCLAT The CAIT, which has challenged the CCI#39;s approval of Walmart#39;s USD 16 billion acquisition of Flipkart, in its reply filed before the NCLAT has said that the US retail major "may cause an appreciable adverse effect on competition" in the domestic market post combination as its "predatory tendencies" would be on a much larger scale .

from Moneycontrol Business News https://ift.tt/2P4EB7c

No comments:

Post a Comment

Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech

Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Sever...