ENA Sectors 2018-10-08 05:49:40 <p><strong>New Delhi, Oct 8 (KNN)</strong> Ahead to the popular festival sales of e-commerce giants in India, traders' body Confederation of All India Traders Association (CAIT) has urged the government to bring an Anti-Predatory Pricing Act to regulate and monitor e-commerce business in India.</p> <p>The trader's body has said that various discounts being offered by e-commerce retailers in their respective different festival sales are nothing but predatory pricing adopted by these sellers.</p> <p>Instead of B2B trade activity they are indulged into B2C sales, which they are not allowed to do and is contrary to FDI policy of the government, said CAIT.</p> <p>Concerned over this matter, traders body said it is high time that government should bring an Anti Predatory Pricing Act to check such menace of e-retailers.</p> <p>Earlier in the month of September, CAIT also asked for early introduction of e-commerce policy in the country as they feel that in the absence of any policy, the e-commerce portals will play their dirty game of predatory pricing , deep discounting and will vitiate the e-commerce market of the country.</p> 21005 https://knnindia.co.in/news/newsdetails/sectors/ahead-of-popular-festive-sales-cait-urges-govt-to-bring-anti-predatory-pricing-act-to-regulate-e-commerce-biz-in-india 2018-10-08 05:49:40 knnindia.co.in