PREDATORY PRICING
Pricey ore, tepid local demand, Chinese imports weigh on steelmakers' margins This is the third time in the past decade that local producers are confronting such a situation. "The government has in the past imposed duties against Chinese steel products, including those being routed from countries like Vietnam," a top official...
31 May, 2024, 12.33 AM ISTIndia's retail chemists ask BJP to include the banning of e-pharmacies in its manifesto AIOCD said that the online medicine business poses a serious threat to public health, serving as a gateway for counterfeit medications in the country. "We've provided a detailed memorandum outlining these concerns. Allowing it to continue could lead...
29 Mar, 2024, 11.52 PM ISTRBI move to bring transparency in MSME loans will curb hidden charges, predatory lending practices, says industry Industry stakeholders are of the view that this is a win-win situation for both lenders and borrowers. They expect it to bolster financial literacy, helping familiarise borrowers with key loan and financial terms, and raise financial awareness.
08 Feb, 2024, 05.13 PM IST- ADVERTISEMENT
Discounts offered on inflated prices on e-commerce must be curbed by govt: CUTS International A recent report from the think tank CUTS International highlights the need for the government and regulatory bodies to take immediate action against unethical practices in the e-commerce sector, particularly the offering of discounts on inflated pri...
28 Oct, 2023, 03.23 PM ISTChecking predatory pricing for port tariffs need of hour The ports, shipping, and waterways ministry in India has proposed restrictions on port tariffs to prevent predatory pricing by public-private-partnership (PPP) ports. The proposal suggests that port tariffs should not be less than the operating cost...
18 Oct, 2023, 11.16 PM ISTAn Amitabh Bachchan advert has landed Flipkart in big trouble with mobile phone retailers Smartphone retailers have accused Flipkart of misleading buyers with an advertisement featuring Amitabh Bachchan, claiming that online platforms offer better deals. In the advertisement, Bachchan says that the mobile deals offered by Flipkart will n...
02 Oct, 2023, 09.49 AM ISTTikTok says it regrets Indonesia's decision to to ban ecommerce sales on social media platforms Indonesia banned goods transactions on social media platforms such as TikTok in a bid to protect small businesses from e-commerce competition, accusing them of predatory pricing.
28 Sep, 2023, 04.25 PM ISTMEA tightens rules for partner visas and consular services to check predatory pricing The focus is on selecting the right outsourced service providers based on quality services, sustainable pricing, data protection and security, and ethical practices. This move is essential to prevent obstacles that could hinder growth and maintain p...
01 Sep, 2023, 07.14 AM ISTTrai in a bind as Vi accuses rivals of predatory 5G pricing Unlimited plans, both wired and wireless, are commonplace in the telecom industry with all the players offering them in some form or the other. Since it's an industry-wide phenomenon, so far, no one, including the regulator, has thought about restri...
23 May, 2023, 07.56 AM ISTTrai denies report that it is probing all tariff plans for predatory pricing “There is no special drive being undertaken by Trai to probe all the past tariff plans filed by telecom companies except those specific plans under examination,” the regulator said in a statement Friday.
19 May, 2023, 10.19 PM ISTExclude ecommerce firms whose main platforms don’t onboard ONDC: Piyush Goyal The minister also invited big and small retailers to join the network as it would help to create huge opportunities for everyone.
25 Apr, 2023, 07.55 PM ISTWe are against predatory pricing by e-retailers, restricting consumer choices: Piyush Goyal Citing China, he said dumping of goods at 'very' low prices for a long period of time kill domestic manufacturing and force consumers to buy goods at high prices. "Today consumer may get excited (about flash sales) but as a policy maker, I have to l...
25 Apr, 2023, 04.57 PM ISTVodafone accuses Jio, Airtel of predatory pricing with unlimited 5G offers Trai sought responses from Jio and Airtel, both of whom have rejected Vi's allegations. In separate responses, they have said that they can't be called out for offering predatory tariffs as 5G currently has a very small user base with the network ro...
25 Apr, 2023, 11.28 AM ISTHealth Minister Mansukh Mandaviya to meet representatives of e-pharmacies soon: Sources "There are concerns over data privacy, malpractices and irrational sale of drugs," said the source. "We are against the e-pharmacies business of providing online medicines without prescription but not against the online prescription given by doctors...
12 Apr, 2023, 09.40 PM ISTReliance Jio rejects Bharti Airtel's charge on predatory pricing of live TV channels on JioFiber Reliance Jio has rejected Airtel's complaint to the regulator about the telco's apparent predatory offers of live TV channels with its JioFiber broadband plans. Jio labelled Airtel's move as malicious in an effort to defame the Jio brand's friendly ...
12 Apr, 2023, 02.00 PM ISTAirlines should not adopt predatory pricing under cloak of free market economy: Parliament panel "A perfect balance has to be maintained between the commercial interest of the private airlines and the interest of the passengers so as to enable the private airlines to grow and at the same time the interest of passengers should also be kept in mi...
14 Mar, 2023, 02.04 PM ISTPredatory pricing – it worked for telecom, so why not cement? Cement is a beautiful business – one with regional flavours, many moving parts, clean balance sheets and where many companies make decent money
17 Oct, 2022, 08.09 PM ISTLawmakers discuss predatory pricing, regulations and more with domestic tech companies A similar meeting between the parliamentary committee on finance and international technology firms including Amazon, Google, Meta, Twitter is expected to take place next week, sources directly aware of developments said.
22 Jul, 2022, 07.41 AM ISTCAIT raises concerns on data and predatory pricing of foreign companies CAIT said it is seeking the government's help in protecting the interests of the small traders and launch a 'required' investigation into the 'predatory pricing' practices of companies such as Shopee and Flipkart/Shopsy.
22 Mar, 2022, 08.37 PM ISTCCI so far not found any contravention by e-tailers on predatory pricing: Minister of State for Commerce and Industry Som Parkash The CCI has received certain complaints alleging predatory pricing against e-commerce companies, Minister of State for Commerce and Industry Som Parkash said in a written reply to a query in the Rajya Sabha.
11 Feb, 2022, 03.44 PM IST