The Confederation of All India Traders (CAIT) charged against the top e-commerce giants Flipkart and Amazon India on Thursday. Commerce and Industry Minister Piyush Goyal called a meeting to discuss charges against them as per the complaints by offline retailers that deep festive discounts are hurting their business.
Industry associations of retail, mobile and FMCG sectors met Mr. Goyal on Wednesday with what it said was evidence of ‘deep discounting and predatory pricing’ by both the entities at their recent festive season sale.
As per the sources, Goyal 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.