Piyush Goyal Commerce and Industry Minister has asked to Department for Promotion of Industry Internal Trade (DPIIT) to summon Amazon India and Flipkart which alleged over violation of Foreign Direct Investment (FDI) policy.
On Wednesday meeting, the Confederation of All IndiaTrader(CAIT) to show him evidence pertaining for ‘deep discount and predatory pricing’ by Amazon India and Flipkart during their festive sales, said by reporters. Also, It further said that these firms were creating a competitive field. CAIT added that the government must ensure an audit on the functioning of e-commerce sites.
CAIT’s secretary-general Praveen Khandelwal had led the delegation to meet Goyal on Wednesday. Arvinder Khurana, president, All India Mobile Retailers Association, Dhairyasheel Patil, president, All India Consumer Products Distributors Federation, Guruprasad Mohapatra, secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) and other officers were part of the delegation.
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