Xiaomi urges India to recall an antitrust report on Flipkart, challenging allegations of anti-competitive practices. Read to know more!

China's Xiaomi has asked India's antitrust body to recall its report that found the company and Walmart's Flipkart breached competition laws, arguing it contains commercial secrets, two people familiar with the matter said.

Xiaomi (OTCPK:XIACF) has reportedly asked India's competition regulator to take back its report that stated that the firm and Walmart's (NYSE:WMT) Flipkart have broken competition laws. The company said the report contains commercial secrets, Reuters ...

In a recent move, Chinese smartphone giant Xiaomi has requested India’s antitrust authority, the Competition Commission of India (CCI), to recall its investigation report that implicates the company and Walmart-owned Flipkart in violations of competition laws.

Xiaomi says an investigation report on Flipkart contains sensitive business data on the smartphone firm that was not redacted, sources say.

Xiaomi has called on the CCI to withdraw its report that accused the company of colluding with Flipkart to breach India's antitrust laws.

Xiaomi requests the Competition Commission of India to recall a report on Flipkart, citing concerns over sensitive sales data exposure, potentially delaying the ongoing investigation into anti-competitive practices.

An Indian antitrust regulator has found that Amazon and Flipkart, owned by Walmart, violated local competition laws, according to a report from Reuters. Indian antitrust regulator has found that Amazon and Flipkart,

Xiaomi has requested India's antitrust body to recall a report that found it and Flipkart breached competition laws, citing commercial secrets. The recall could delay the investigation started in 2021.