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Predatory pricing: Goyal summons Amazon, Flipkart to discuss CAIT complaint

CAIT says there must be a govt audit of how e-commerce portals function, including the business done by sellers and their authenticity

How deep discounts, impulsive buying have helped e-commerce beat slowdown
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Karan Choudhury Bengaluru
The leadership of e-commerce giants Flipkart and Amazon India has been called by Commerce and Industry Minister Piyush Goyal for a meeting on Thursday to discuss charges against them by the Confederation of All India Traders (CAIT).

The trader body met him on Wednesday with what it said was evidence of ‘deep discounting and predatory pricing’ by both the entities at their recent festive season sale. According to sources, the minister had earlier planned to meet Amazon India and Flipkart a few weeks later. However, after a CAIT delegation met Goyal with ‘proof’, the minister called the meeting on Thursday. 

A Delhi-based