SEARCHED FOR:PREDATORY PRICING
Govt is examining complaints on ecommerce predatory pricing: Piyush Goyal
"As a result of several measures taken by the government, the time taken for examination of patent applications has been brought down from 72 months in 2014-15 to around 24-36 months at present," he said during Question Hour.
Govt asks Snapdeal, Paytm Mall to give business details
The government had last month asked top two e-commerce firms Flipkart and Amazon to s...
DPIIT received some complaints of e-commerce firms offering deep discounts: Piyush Goyal
"Some representations have been received in this dep...
India will not allow multi-brand retail by foreign firms, predatory pricing
Goyal also "asserted that predatory pricing will not be allowed and necessary action will be taken against defaulters," the statement said.
Metro Cash & Carry seeks level playing field
The German wholesale retailer has thrown its might behind mom-and-pop groceries and has demanded level-playing for the unorganised sector, wading into a debate in India that ecommerce companies like Amazon and Flipkart are hurting small businesses here.
CAIT refuses to work with online marketplaces to help Kiranas
The Confederation of All India Traders (CAIT) on Friday said it was unwilling to work with ecommerce marketplaces Flipkart and Amazon to develop small offline traders.
Retailers' body is "cautiously optimistic" on implementation of FDI rules for e-commerce
Department of Industrial Policy and Promotion under Ministry of Commerce and Industry had issued clarifications in December last year pertaining to FDI rules in the e-commerce sector. Now that the govt is tightening the rules for foreign direct investment in e-commerce sector, Retailers Association of India is "cautiously optimistic" on its effective implementation.
Losses not from discounting, but due to investments, Flipkart, Amazon tell DPIIT
Flipkart and Amazon have communicated to Department for Promotion of Industry and Internal Trade (DPIIT) that they are investing big on creating warehouses and logistics network, technology and other such areas, while reiterating they are fully compliant with all laws and FDI norms for online marketplaces.
CCI urges ecommerce platforms to be transparent
CCI chairman Ashok Kumar Gupta said discounting, including selling below cost, is used by businesses to create a market. “Below cost doesn’t necessarily mean predatory pricing. However, we then have to ascertain whether they have become large enough and should they continue with deep discounting?” he said.
Traders' body CAIT to launch nation-wide movement against Amazon, Flipkart
"Both Amazon and Flipkart still continue to sell goods on their portal at predatory pricing, deep discounting, controlling inventory, promoting preferential sellers and influencing prices," said Confederation of All India Traders.
Commerce minister Piyush Goyal says ecommerce companies cooperating with the government
In an interview with The Economic Times, the commerce minister talked about the alleged violation of FDI norms by ecommerce companies, the progress on the new trade deal with the United States and India' s stand on the RCEP.
Private brands businesses of e-tailers under scanner
The government has started scanning digital payments business of ecommerce giants Amazon & Flipkart. DPIIT has asked questions like the total percentage of sales that come from private labels & promotion details of their digital instruments.
It's a 'Black Diwali' for small handset retailers, due to rampant online discounting
The organised trade are now joining hands with smaller retailers who say it’s going to be a “Black Diwali”.
DPIIT asks Amazon, Flipkart to disclose names of top 5 sellers, capital structure, inventory details
The DPIIT has asked the cos to share their capital structure, biz model & inventory management system.
CAIT, CCI discuss 'unethical competition' by e-commerce firms
According to CAIT Secretary General Praveen Khandelwal around 40,000 mobile shops are on the verge of closure by Diwali due to unethical practices of Amazon and Flipkart. A CAIT delegation also met CCI Chairman to apprise him of the situation.