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CAIT urges govt to bring Act on predatory pricing

Press Trust of India  |  New Delhi 

Traders' body CAIT Sunday urged the government to bring an Anti-Predatory Act to regulate and monitor business in

The trader's body further said that various discounts being offered by retailers in their respective different festival sales are nothing but predatory adopted by these sellers.

It shows that instead of B2B they are indulged into B2C sales, which they are not allowed to do and is contrary to FDI policy of the government, the Confederation of All Traders said.

It is high time that government should bring an Anti Predatory Act to check such menace of e-retailers, the trader's body demanded.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, October 07 2018. 19:35 IST