Amazon, Flipkart may face more queries on predatory pricing
07-December-2019
The Department for Promotion of Industry and Internal trade (DPIIT) is examining the responses by the e-commerce companies, like Flipkart and Amazon, on complaints over predatory pricing and if required will ask them for further clarification, according to a senior government official, here on Saturday.
"They (the e-commerce companies) have filed one set of replies after we gave them one set of questions. It's under examination. Further questions will be sent to them if we are not satisfied with their replies," the source said.
Some e-commerce companies with foreign direct investment (FDI) were facing complaints regarding predatory pricing, the source said.
Online retailers, Amazon and Flipkart, have also met DPIIT officials over predatory pricing allegations against them by the Confederation of All India Traders (CAIT).
The CAIT has complained of deep discounting, predatory pricing, exclusivity, promoting preferred sellers on their platforms, which it said were against the FDI policy.IANS
Gifts That Work: Pluxee Study Unwraps the Future of Corporate Gifting
Hindu-Muslim DNA Same’: Shiv Sena (UBT) Heaps Praise on RSS Chief for Meeting Community Members
Chennai to Host Immersive Murder Mystery Dinner at Park Hyatt on August 1
Bharatsure Secures Rs 6 Crore, Offers Insurance to 1,500+ EV Stations Across India
14 Dead in Thai-Cambodia Clashes; Indian Tourists Urged to Avoid Border Provinces