Predatory pricing: Amazon, Flipkart explain discounts to DPIIT officials

The leadership of e-commerce giants Flipkart and Amazon India met officials from the Department for Promotion of Industry and Internal Trade (DPIIT) on the allegations against them of predatory pricing made by the Confederation of All India Traders (CAIT).

The meeting, at the behest of the minister, Piyush Goyal, was convened by Shailendra Singh, additional secretary of the department. Goyal was to have chaired it but his schedule was changed before this.

“We had open and transparent discussion with DPIIT officials. We thank the government and particularly the Ministry of Commerce and Industry for the opportunity,” an Amazon spokesperson said.