CCI Considerations to Provide Special Advisory for E-Commerce Sector Players

New delhi date. 19 October 2019, Saturday

Competition Commission of India (CCI) is looking to create an advisory for online platform companies in an effort to address the concerns raised by the huge discounts provided by e-commerce players and lower prices for retailers.

CCI will issue a mild policy advice, CCI sources said. No matter what the online marketplace is, it is also a fact that e-commerce companies should not distort the market.

Recently, the government was awakened after reports of e-commerce companies selling goods worth Rs 5 crore for the Dussehra festival and a statement came out that the e-commerce companies were under the eyes of the government.

Online retailers have been asked a few questions and if they are found guilty after their clarification, then the CCI movement has come after the government announced to take action.

Off-line retailers have been waging wars against e-commerce generations over the past few years due to the fear of being stripped of their business, but they have yet to get any results and e-commerce generations are trading big at festivals.

A delegation of the Confederation of All India Traders met the CCI officials on Friday and expressed their concerns before them, the sources added. CCI's attention was drawn to the anti-competitiveness and unethical trade policies pursued by e-commerce generations.