Walmart announced in May the acquisition of 77 per cent stake of Flipkart in its biggest takeover till date. However, in the following month, more than 100 trader organisations opposed the deal stating it will cause "irreversible damage" to small traders and endanger jobs for thousands.
A division bench headed by Justice Anoop Mohta was hearing petitions filed by the telecom companies who had challenged the CCI’s decision to investigate into Reliance Jio’s allegations of cartelisation along with a similar petition filed by industry body COAI.
In February this year, Trai had floated a consultation paper on 'Regulatory Principles of Tariff Assessment'. The issues being debated include new measures that need to be prescribed to ensure transparency in tariff offers of telecom operators and strengthening the definition relating to "non-discrimination".