wordpress blog stats
Connect with us

Hi, what are you looking for?

Smartphone brands assure same prices and discounts on offline and online stores: Report

Smartphone companies Xiaomi, Oppo and Vivo have assured offline retailers that they will maintain parity on pricing, discounts, and models with online marketplaces, reports The Economic Times. This development comes after offline retailers have accused online marketplaces like Amazon and Flipkart of indulging in deep discounting practices and undercutting brick and mortar retailers. Context: The Confederation of All India Traders (CAIT) has claimed that it would take up the issue with the Prime Minister’s office and the Competition Commission of India, as per the report. At a Competition Commission of India workshop in September 2019, the trade had blamed Amazon and Flipkart of predatory pricing and undercutting. CAIT also wrote to Commerce Minister Piyush Goyal, in September this year, seeking a blanket ban on festival sales offered by e-commerce companies. The Department for Promotion of Industry and Internal Trade (DPIIT) has reportedly asked Amazon and Flipkart to disclose names of top 5 sellers on their platform, price of goods sold by preferred vendors and support to sellers. They have also been asked to share their capital structure, inventory management system and business. The Commerce Ministry is also going to probe e-commerce firms for alleged unfair practices, Goyal said. What smartphone brands said they'll do to ensure this Xiaomi, Oppo, and Vivo have issued advisories to establish parity, between online and online retailers, in pricing, discounts, and models. Vivo and Xiaomi said they would ensure that all products have the same price and offer across online and offline channels, the report said. Vivo…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ