Thursday, October 03, 2024

CCI should suspend E-commerce giants for cash burning: CAIT and AIMRA

Traders' body CAIT and mobile retailers' association AIMRA have urged the Competition Commission of India to suspend e-commerce giants Flipkart and Amazon, accusing them of predatory pricing and deep discounting. They also claim that these practices foster grey markets, leading to tax evasion. AIMRA also called for the suspension of Chinese mobile brands like OnePlus and Poco for alleged collusion.

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