Competition Comm studying allegations against e-retailers

Image
Press Trust of India Mumbai
Last Updated : Nov 14 2014 | 2:55 PM IST
The Competition Commission is looking into allegations of unfair trade practices against online retailers and a final decision on whether to probe the matter will be taken in a couple of months.
Steep discount sales offered by various online retailers have raised concerns of anti-competitive practices.
Competition Commission of India (CCI) Chairman Ashok Chawla today said the regulator has received some complaints against online retailers.
"Some complaints have come to us. E-commerce is an evolving new area for us. We are studying the complaint and also the issue," he said.
He was responding to queries on whether the Commission has received complaints against Flipkart and other online retailers.
According to Chawla, the Commission might take two months to decide on further course of action on the complaint.
The CCI chairman was speaking on the sidelines of an event here organised by the Public Affairs Forum of India along with law firm J Sagar Associates.
Recently, there was an uproar over Flipkart's massive discount sale which had raised concerns of anti-competitive practices.
Last month, the government had said that it would look into the concerns and take a call on whether more clarity is required on e-commerce retail business, after concerns were raised about sale exercises undertaken by Flipkart and others.
Flipkart's 'Big Billion Day' sale on October 6, that offered steep discounts on various products, had raised concerns among small and big traders that such campaigns would badly affect players in the traditional retail market.
"We have received many inputs. Lot of concerns have been expressed. We will look into it," Commerce and Industry Minister Nirmala Sitharaman had said at that time.
In recent times, many e-commerce portals have been coming out with steep discount sales.
Flipkart had said that its 'Big Bilion Day' sale saw 1.5 million people shopping at its portal. It also claimed that products worth over Rs 600 crore were sold in just 10 hours under the scheme.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 14 2014 | 2:55 PM IST

Next Story