Retailers' Body FIRST Seeks CCI Probe Into Flipkart Over Alleged Predatory Practices
Traders' group FIRST has petitioned the Competition Commission to investigate Flipkart for alleged predatory pricing, GST avoidance, an inventory-led model and preferential treatment of 33 select sellers. The complaint names Walmart, Myntra, Ekart and Cleartrip, and lands as Flipkart preps its IPO.
Retailers' body FIRST has asked CCI to probe Flipkart for alleged predatory pricing, GST avoidance, preferential treatment of 33 sellers and running an inventory-led model, naming Walmart, Myntra, Ekart and Cleartrip amid IPO preparations.