CAIT previously objected to Shopee’s exclusion from the Centre’s list of 54 Chinese apps banned last month. CAIT argued that Shopee should be banned as well because it is owned by SEA Limited, the same company that owns Garena: Free Fire, a popular mobile game that was among the 54 apps restricted in India.
CAIT claims that Shopee established SPPIN India Private Ltd for operations in India in violation of FDI rules that require prior government approval for investment from countries that share a land border with India.
The CCI concluded in its analysis that Shopee lacked significant market power because it is a new entrant in a market dominated by well-established players.
According to experts, proving that a company is engaging in predatory pricing necessitates the company being a dominant player in the relevant market, as well as proving that its goods or services are being marketed below cost and that sub-tactics are being used to eliminate competition.
