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Tuesday 2 October 2018

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'Walmart may repeat predatory behaviour in India as well'

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The Confederation of All India Traders (CAIT), which has challenged the CCI's approval of Walmart's $16 billion acquisition of Flipkart, in its reply filed before the NCLAT has said that the US retail major "may cause an appreciable adverse effect on competition" in the domestic market post combination as its "predatory tendencies" would be on a much larger scale .

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