Predatory Pricing

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Predatory Pricing - Total results - 20
Some Indian companies with Chinese investments indulge in predatory strategies: Think tank
Business

Some Indian companies with Chinese investments indulge in predatory strategies: Think tank

Chinese investors hold stakes in 18 of the 30 Indian startup unicorns, and some companies backed by them indulge in "predatory" behaviour, which needs to be brought under scrutiny, a domestic think tank said on Thursday

DPIIT received some complaints of e-commerce firms offering deep discounts: Union Minister Piyush Goyal
Business

DPIIT received some complaints of e-commerce firms offering deep discounts: Union Minister Piyush Goyal

The Department for Promotion of Industry and Internal Trade (DPIIT) has received complaints that e-commerce companies are offering deep discounts, indulging in predatory pricing, exercising control over inventory and influencing the prices of goods sold on the platform, Parliament was informed on Friday

Traders' body CAIT to launch nation-wide movement to protest against Amazon, Flipkart
Business

Traders' body CAIT to launch nation-wide movement to protest against Amazon, Flipkart

Traders' body CAIT on Sunday said it will launch a nation-wide movement to protest against e-commerce majors Amazon and Flipkart, alleging that they are flouting FDI policy norms and destroying the country's retail business

CAIT demands high-level enquiry by govt to probe 'unholy nexus' of e-commerce cos, banks in price distortions
Business

CAIT demands high-level enquiry by govt to probe 'unholy nexus' of e-commerce cos, banks in price distortions

CAIT criticised the banks giving cashback and various types of discounts for purchasing goods from e-commerce portals by making payments through their respective credit/debit cards.

India will not allow multi-brand retail by foreign firms, predatory pricing: Commerce minister Piyush Goyal
Business

India will not allow multi-brand retail by foreign firms, predatory pricing: Commerce minister Piyush Goyal

The government will not allow foreign companies to operate in the multi-brand segment and necessary action will be taken against people indulging in predatory pricing, Commerce and Industry Minister Piyush Goyal said on Wednesday

Flipkart's legal spat with GOQii: Predatory pricing benefits net-savvy consumers but hurts small traders, offline shoppers
Business

Flipkart's legal spat with GOQii: Predatory pricing benefits net-savvy consumers but hurts small traders, offline shoppers

GOQii has won the first round by obtaining an order at the admission stage itself asking Flipkart to remove the impugned products from its website

TRAI may ask Bharti Airtel to furnish details of segmented offers in 'stipulated format', Vodafone Idea seeks more time
Business

TRAI may ask Bharti Airtel to furnish details of segmented offers in 'stipulated format', Vodafone Idea seeks more time

Also, Bharti Airtel has furnished the details for December 2018 onwards, while TRAI has sought details of such concessions over a longer period, the official noted.

FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations
Business

FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations

The reluctance of digital/technology companies to invest time and resources to navigate an uncertain regulatory landscape is more to be blamed than the FDI policy itself.

Upper cap on airfares is need of the hour to discourage predatory pricing, says Parliamentary panel
Business

Upper cap on airfares is need of the hour to discourage predatory pricing, says Parliamentary panel

There have been concerns in various quarters about high airfares even as the civil aviation ministry has been maintaining that air ticket prices are neither controlled nor approved by the government.

TDSAT strikes down TRAI's predatory pricing rule; verdict brings relief for Airtel, Vodafone Idea
Business

TDSAT strikes down TRAI's predatory pricing rule; verdict brings relief for Airtel, Vodafone Idea

TDSAT said that TRAI could not impose financial disincentives and ordered it to rework the predatory pricing rules within six months.

Flipkart and Amazon not misusing their dominant market position in India: CCI
News & Analysis

Flipkart and Amazon not misusing their dominant market position in India: CCI

The decision is a defeat for a lobby group representing thousands of online sellers in India.

Traders' body CAIT writes to Suresh Prabhu, says fundamentals of draft e-commerce policy should not be diluted
Business

Traders' body CAIT writes to Suresh Prabhu, says fundamentals of draft e-commerce policy should not be diluted

CAIT suggested that e-commerce companies should be listed with a stock exchange "as it will stop their ability to keep on making sustained losses by adopting indiscriminate discounting

Walmart-Flipkart deal: Predatory pricing can't be foretold; US retailer need not fear competition watchdog for now
Business

Walmart-Flipkart deal: Predatory pricing can't be foretold; US retailer need not fear competition watchdog for now

Walmart falls within the ambit of the pre-approval regime with its global turnover far in excess of the minimum prescribed.

TRAI to bring an end to tariff war; to unveil predatory pricing rules in six weeks
News & Analysis

TRAI to bring an end to tariff war; to unveil predatory pricing rules in six weeks

The Telecom Regulatory Authority of India (TRAI) has said that it will soon release its predatory pricing rules.

Ola admits predatory pricing is detrimental to industry, but says co reacts to competition
Business

Ola admits predatory pricing is detrimental to industry, but says co reacts to competition

Ola's deep-pocketed US rival Uber, which sold off its China business in August, is now pumping in investments and focussing on ramping up its presence in the Indian market

Average fare of carriers during peak seasons near minimum fare: DGCA
Business

Average fare of carriers during peak seasons near minimum fare: DGCA

The finding by the Directorate General of Civil Aviation comes as an apparent 'clean chit' to the domestic airlines, which face allegations of charging "exorbitant" fares during such seasons.

Unrealistic discounts, driver incentives: CCI probes Ola for predatory pricing
Business

Unrealistic discounts, driver incentives: CCI probes Ola for predatory pricing

Prima facie, the CCI is of the view that Ola's moves indicate predatory pricing aimed to oust other players from the market

How Flipkart's Big Billion Day turned out to be the tipping point for Indian e-tailers
Corporate

How Flipkart's Big Billion Day turned out to be the tipping point for Indian e-tailers

The advertising-fuelled, glitzy flash sale propelled online shopping into public consciousness like never before but unfortunately the event is now being remembered for all the wrong reasons

Where's discipline? Aviation minister orders probe into fare discounts, predatory pricing
Corporate

Where's discipline? Aviation minister orders probe into fare discounts, predatory pricing

The minister now wants a probe into the entire business of frequent fare discounts. A senior ministry official told Firstbiz that the present system of discounting fares by airlines reeked of "predatory pricing" and needs to be checked. He said the minister will not be asking aviation regulator DGCA to conduct a probe but task officials of the ministry to do this.