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Stockreport

Smartphone brands face CCI scrutiny in Amazon and Flipkart antitrust case [Yahoo! Finance]

Walmart Inc. (WMT)  More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
These actions reportedly disadvantaged other companies and breached antitrust regulations. The CCI's scrutiny extends to the Indian units of five companies - Samsung, Xiaomi, Motorola, Realme and OnePlus - for their exclusive phone launches with Amazon. Flipkart's investigation involved similar allegations against the Indian units of Samsung, Xiaomi, Motorola, Vivo and Lenovo. CCI additional director general GV Siva Prasad stated: "Exclusivity in business is anathema. Not only is it against free and fair competition, but also against the interest of consumers." The CCI's findings represent a significant challenge for Amazon and Flipkart in a crucial market where they have already faced criticism from small retailers. The commission has also highlighted the use of foreign investments by these companies to subsidise rates for services such as warehousing and marketing, favouring a select group of sellers. Some smartphone companies have been directed to submit audited financ [Read more]
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Stockreport

Smartphone brands face CCI scrutiny in Amazon and Flipkart antitrust case [Yahoo! Finance]

Walmart Inc.  (WMT) 
More Company Research Source: Yahoo! Finance
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
These actions reportedly disadvantaged other companies and breached antitrust regulations. The CCI's scrutiny extends to the Indian units of five companies - Samsung, Xiaomi, Motorola, Realme and OnePlus - for their exclusive phone launches with Amazon. Flipkart's investigation involved similar allegations against the Indian units of Samsung, Xiaomi, Motorola, Vivo and Lenovo. CCI additional director general GV Siva Prasad stated: "Exclusivity in business is anathema. Not only is it against free and fair competition, but also against the interest of consumers." The CCI's findings represent a significant challenge for Amazon and Flipkart in a crucial market where they have already faced criticism from small retailers. The commission has also highlighted the use of foreign investments by these companies to subsidise rates for services such as warehousing and marketing, favouring a select group of sellers. Some smartphone companies have been directed to submit audited financ [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WMT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS