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Walmart Inc’s Flipkart and Amazon.com Inc have filed legal challenges against the resumption of an antitrust investigation into their business practices, according to sources and a legal filing viewed by Reuters.
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Bijoya Roy, formerly vice president and group general counsel at Indian e-commerce company Flipkart, has joined French alcoholic beverage producer Pernod Ricard as South Asia general counsel in Mumbai.
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An Indian trader body has raised objections to Walmart Inc’s (WMT.N) $16 billion acquisition of e-commerce firm Flipkart, though lawyers and sources said the complaint to the country’s antitrust regulator is unlikely to threaten the deal.
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Hogan Lovells and Shardul Amarchand Mangaldas have advised U.S. retailer Walmart on its agreement to pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, which turned to Khaitan & Co. for advice.
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J. Sagar Associates (JSA) has represented internet giant eBay on the sale of its India business to Bangalore-based Flipkart, which turned to Cyril Amarchand Mangaldas (CAM) for advice.