Indian trade body asks Govt to stop Amazon, Flipkart discounting

Walmart-owned Flipkart’s six-day sale begins Sept. 29, while Amazon is yet to announce dates. Both e-tailers promise big discounts on everything from fashion to smartphones to home appliances and have previously said discounts and deals are offered by sellers on their platforms. It modified e-commerce rules late last year to protect the country’s vast unorganized retail sector that does not have the clout to purchase at scale and offer big discounts. Those rules forced Amazon and Flipkart to reconfigure ownership structures and re-jig some key vendor relationships and agreements. Asked for comment, Flipkart said more than 100,000 sellers on its platform awaited its ‘Big Billion Days’ sale event.

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