ED raids Flipkart, Amazon sellers nationwide for alleged money laundering

The Enforcement Directorate (ED) is conducting a pan-India search against several sellers listed with e-commerce platforms like Flipkart and Amazon for alleged money laundering, CNBC-TV18 reported. Delhi, Mumbai, Hyderabad and Bengaluru were among two dozen locations where searches were conducted. Antitrust investigations by CCI found Amazon and Flipkart in violation of local competition laws.