Openness about discounting policies and how companies use customers’ data is essential,” said Ashok Kumar Gupta, chairman of the CCI, during a media interview ahead of Amazon founder and CEO Jeff Bezos’ much-publicised visit to India.
“If you are absolutely clean, come out, put it (details) on your website. So that everybody knows and there is nothing opaque,” he told Reuters.
Traders association raised red flags saying that ecommerce platforms like Amazon and Flipkart do not comply with FDI norms, prefer certain sellers and offer deep discounts that put local vendors out of business.
The CAIT has met government authorities seeking intervention on these alleged malpractices by Amazon and Walmart-owned Flipkart, who are registered as ecommerce marketplaces, but control inventory, the retail traders claim.