Trade bodies decry ‘unregulated’ and ‘unethical’ practices of ecommerce and quick commerce companies

Industry bodies on Tuesday raised concerns over what they say are the unregulated and unethical practices of ecommerce and quick commerce companies in India. In particular, they objected to “predatory pricing” and “deep discounting” by these companies, which violate FDI regulations.

The conclave was organised by The Confederation of All India Traders (CAIT) in association with the All India Mobile Retailers Association (AIMRA) and Organised Retailers Association (ORA).

Praveen Khandelwal, CAIT secretary general and member of Parliament, said…