Predatory Pricing

Traders' body CAIT said it has written to the ED seeking "strict action" against Amazon, claiming that the e-commerce major has caused "misery" to small traders by resorting to predatory pricing

Goyal said obviously if the company makes a loss of Rs 6,000 crore, they have to bring in money to pay for that loss

The Commission's latest study on the e-commerce market is almost a precursor to the Amazon-Flipkart probe order and it also sheds light on the Commission's new thought process

Goyal said that some people have misconstrued his remarks by suggesting that he had said something negative against Amazon

The traders' body has strongly objected to the business model of both the companies

CAIT had in a letter on Monday urged Goyal to order an audit into the business model of all e-commerce firms

Trai had earlier introduced a new formula to identify predatory pricing

Telecom tribunal TDSAT has asked sectoral regulator Trai to file a reply in three weeks regarding its recently released regulations on predatory pricing. The tribunal, which was hearing pleas by Bharti Airtel and Idea Cellular, however, did not grant a stay on the regulations.The next hearing on the case is scheduled for April 17.As per people aware of the development, Airtel and Idea sought a stay, particularly on the banning of segmented offers. However, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) felt it may not be necessary to grant a stay at this time and asked Trai to file a reply in three weeks. After receiving Trai's reply, Airtel and Idea will get another two weeks to file their responses.Sources in Trai said the regulator can still issue notices to telecom operators if it feels they are offering predatory tariffs as TDSAT has not granted a stay on the regulations. As per Airtel's petition, the Trai "order is vicious and is aimed at strangulations and ...