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Friday, 18 October 2019

Discount sale: Flipkart, Amazon under probe

The government is probing Walmart-owned Flipkart and Amazon over the alleged predatory pricing, commerce minister Piyush Goyal said. Warning of stringent action as per the law for any violation, he said detailed questionnaires have been sent to these companies and their response is awaited. According to reports, the e-commerce majors have grossed up over $3 billion.

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