38.6c New Delhi, India, Friday, March 29, 2024
Executive

Government Undertakes Examination Of Complaints Of Predatory Pricing Against E-Commerce Platforms

By LawStreet News Network      07 February, 2020 03:02 PM      0 Comments
Government Undertakes Examination Of Complaints Of Predatory Pricing Against E-Commerce Platforms

Piyush Goyal, the Commerce and Industry Minister on the 5th of February, 2020 said that the government has been examining allegations of the anti-competitive practices by e-commerce firms and action shall be taken if anything contravening to the policies is found that results in the violations of laws. 

Representations have been received in this Department alleging that some e-commerce platforms are engaged in predatory pricing and are providing excessive discounts,” Goyal responded in the Lok Sabha.

India's Foreign Direct Investment (FDI) policy on the e-commerce sector states that any firm that operates the marketplace model business in a sector is not allowed to directly or indirectly influence the sale price of the commodities and services. E-commerce companies that have any sort of foreign investments can operate a marketplace model, but certain restrictions on the inventory based model are put forth. Goyal also referred to the FDI policy press note 2 - "The Press Note seeks to amend the Consolidated FDI Policy issued on 28 August 2017 (FDI Policy) in relation to foreign direct investments in the e-commerce sector," that was released in December 2018. The cashbacks provided by the group companies of the marketplace entity to the buyers will be fair and non discriminatory. 

In January 2020, the Competition Commision of India (CCI) ordered a probe into Amazon and Flipkart over the malpractice allegation of deep discounting, keeping preferred sellers on the marketplace and also having preferential listings with promotion of private labels. The regulator has further asked Director General Enforcement of CCI to investigate and submit the report by March 2020. This move came after an online trading body - Confederation of All India Traders (CAIT) and mobile retailer's complained against the two e-commerce leaders for indulgence in an alleged anti-competitive behavior. 

A draft national e-commerce policy has been prepared by the government to create a facilitated regulatory environmental for the e-commerce sector's growth in India. 

Goyal further added that the government has also brought down the time period for examination of patent applications to 24-36 months from 72 months in 2014-15. 

 

Author - Dyuti Pandya 



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

arvind-kejriwals-plea-for-interim-release-rejected-by-delhi-high-court
Trending Judiciary
Arvind Kejriwal's plea for interim release rejected by Delhi High Court [Read Order]

Delhi High Court rejects Arvind Kejriwal's plea for interim release in money laundering case related to liquor policy scam, pending ED's response.

28 March, 2024 10:50 AM
youtuber-strings-plea-against-youtube-accounts-suspension-andhra-pradesh-hc-issues-notice-to-centre-google
Trending Top Stories
BREAKING: Youtuber String’s plea against Youtube accounts suspension: Andhra Pradesh HC issues notice to Centre, Google

Andhra Pradesh High Court issues notice to the Centre and Google LLC on Youtube journalist String’s plea against suspension of its accounts by Google (which owns Youtube).

28 March, 2024 11:26 AM

TOP STORIES

delhi-liquor-scam-court-remands-arvind-kejriwal-to-ed-custody-till-march-28-read-remand-application
Trending Judiciary
Delhi liquor scam: Court remands Arvind Kejriwal to ED custody till March 28 [Read Order]

Delhi liquor scam: Arvind Kejriwal remanded to ED custody till March 28. Court grants agency permission for interrogation in liquor policy case.

23 March, 2024 11:53 AM
sc-dismisses-centres-plea-for-review-of-judgment-directing-ed-to-furnish-written-grounds-of-arrest-to-pmla-accused
Trending Judiciary
SC dismisses Centre’s plea for review of judgment directing ED to furnish written grounds of arrest to PMLA accused [Read Order]

Supreme Court dismisses Centre's plea, upholds judgment mandating Enforcement Directorate to provide written grounds of arrest in PMLA cases.

23 March, 2024 03:14 PM
kerala-hc-to-hear-lesbian-couples-plea-against-forced-conversion-therapy-on-april-9
Trending Judiciary
Kerala HC to hear lesbian couple’s plea against forced conversion therapy on April 9

Kerala HC will hear a lesbian couple’s plea highlighting that one of them was subjected to forced conversion therapy.

23 March, 2024 03:30 PM
how-can-people-be-compelled-to-vote-madras-hc-asks
Trending Judiciary
“How can people be compelled to vote? Madras HC asks

“How can people be compelled to vote?”, the Madras HC queried in a plea asking employers in Tamil Nadu to demand proof from employees of having voted on polling day.

23 March, 2024 05:04 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email