Govt probing Flipkart and Amazon for alleged predatory pricing: Piyush Goyal

Last Updated: Thursday, October 17, 2019, 22:27
Govt probing Flipkart and Amazon for alleged predatory pricing: Piyush Goyal
Union Commerce Minister Piyush Goyal has said that the government is probing WalMart-owned Flipkart and Amazon over the alleged predatory pricing. Speaking to reporters in Mumbai, Mr. Goyal said detailed questionnaires have been sent to these companies and their response is awaited.

Stating that e-commerce companies have no right to sell products at discounts that will result in retail sector incurring major loss, Mr Goyal said these platforms are only allowed to connect potential sellers and buyers. The Minister said stringent action will be taken, if there is violation of any law in letter or in spirit.
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