Predatory pricing: Goyal summons Amazon, Flipkart to discuss CAIT complaint
Predatory pricing: Goyal summons Amazon, Flipkart to discuss CAIT complaint CAIT says there must be a govt audit of how e-commerce portals function, including the business done by sellers and their authenticity Current Affairs :The initiative of internet business goliaths Flipkart and Amazon India has been called by Commerce and Industry Minister Piyush Goyal for a gathering on Thursday to talk about charges against them by the Confederation of All India Traders (CAIT). The merchant body met him on Wednesday with what it said was proof of ‘profound limiting and ruthless evaluating’ by both the elements at their ongoing happy season deal. As indicated by sources, the priest had prior intended to meet Amazon India and Flipkart half a month later. Be that as it may, after a CAIT designation met Goyal with ‘confirmation’, the pastor assembled the conference on Thursday. A Delhi-based body, CAIT depicts itself as a chief agent of little and medium-size dealers. It has been a ...