SC says Flipkart known for creating monopolies, appoints amicus

The Supreme Court on Tuesday said e-commerce major Flipkart was known for creating monopolies and expressed concern over the fate of smaller players in the market. A bench of Justices Surya Kant and N Kotiswar Singh appointed an amicus curiae to assist it in the adjudication of the dispute arising out of an National Company Law Appellate Tribunal (NCLAT) order asking the fair trade regulator Competition Commission of India (CCI) to initiate probe against Flipkart for an alleged use of its dominant position.

A bench of Justices Surya Kant and N…