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Tag: Predatory pricing

Commerce minister Piyush Goyal says ecommerce companies cooperating with the government, Retail News, ET Retail

Commerce and industry minister Piyush Goyal said that ecommerce companies are cooperating with the government after being sent questionnaires over complaints regarding the alleged violation of foreign direct investment (FDI) rules. He also spoke to Kirtika Suneja in Stockholm about issues such as India’s redlines in trade negotiations with the US, its position on the …

Commerce minister Piyush Goyal says ecommerce companies cooperating with the government, Retail News, ET RetailRead More

Private brands biz of e-tailers under scanner, Retail News, ET Retail

NEW DELHI: Private brands and digital payments businesses of online giants Amazon and Flipkart have come under the government scanner with the department for promotion of industry and internal trade (DPIIT) having asked the companies to submit various details about the same. The DPIIT has sought several details, including total percentage of sales that come …

Private brands biz of e-tailers under scanner, Retail News, ET RetailRead More

DPIIT asks Amazon, Flipkart to disclose names of top 5 sellers, capital structure, inventory details, Retail News, ET Retail

New Delhi: The government has asked Amazon and Flipkart to provide details of their top five sellers, after brick-and-mortar trade lobby groups complained that they were in violation of foreign direct investment (FDI) norms. Amazon said it was fully compliant with the rules. Details sought from the ecommerce marketplaces include business done by top five …

DPIIT asks Amazon, Flipkart to disclose names of top 5 sellers, capital structure, inventory details, Retail News, ET RetailRead More

CAIT, CCI discuss ‘unethical competition’ by e-commerce firms, Retail News, ET Retail

New Delhi: Traders’ body CAIT on Friday said it has held discussion with the CCI on “unethical competition” perpetrated by e-commerce firms, a day after Union minister Piyush Goyal said the government was looking into alleged predatory pricing by Walmart-owned Flipkart and Amazon. According to a statement issued by the Confederation of All India Traders …

CAIT, CCI discuss ‘unethical competition’ by e-commerce firms, Retail News, ET RetailRead More

DPIIT holds meeting with Amazon, Flipkart following CAIT complaint, Retail News, ET Retail

New Delhi, Senior officials of the Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday held meeting with representatives of e-commerce firms Amazon and Flipkart following a complaint by traders’ body CAIT. Confederation of All India Traders (CAIT) Secretary-General Praveen Khandelwal has alleged that e-commerce companies are following unethical business model and are …

DPIIT holds meeting with Amazon, Flipkart following CAIT complaint, Retail News, ET RetailRead More

EComm portals’ festive offers under the lens, Retail News, ET Retail

The government is looking at complaints that global ecommerce giants have violated foreign direct investment (FDI) norms and will take corrective action against those flouting them even as Amazon and Flipkart said they are following the rules. Countering allegations by small retailers of deep discounts and price distortion, Amazon and Flipkart told the government on …

EComm portals’ festive offers under the lens, Retail News, ET RetailRead More

CAIT alleges violation of FDI policy by Flipkart, Amazon; companies reject, Retail News, ET Retail

NEW DELHI: Traders’ body CAIT on Friday alleged that e-commerce firms Amazon and Flipkart have violated foreign direct investment norms by indulging in predatory pricing, a charge which was rejected by the two companies. The Confederation of All India Traders (CAIT) flagged these allegations in a meeting called by the Department for Promotion of Industry …

CAIT alleges violation of FDI policy by Flipkart, Amazon; companies reject, Retail News, ET RetailRead More