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No probe in Flipkart's Big Billion Day sale: Sitharaman

India Blooms News Service | | 21 Oct 2014, 11:45 am
Bangalore, Oct 21 (IBNS): Union Commerce and Industries Minister Nirmala Sitharaman on Monday said that there would be no inquiry into complaints against e-commerce giant Flipkart's 'Big Billion Day' sale, media reports said.

Sitharaman said there was no inquiry into the issue of predatory pricing of goods and unfair trade practices by the firm.

“I would like to state that no enquiry has been planned or proposed on the e-retailer on the concerns raised by customers on the big billion day sale,” the Union Commerce and Industries minister said.

Earlier on October 8, Sitharaman had reportedly said the Centre would look into complaints of predatory prices on goods sold by Flipkart following allegations of unfair trade practices.

But she said her earlier remarks had been widely misinterpreted.

“My earlier three-sentence remarks were interpreted in three million ways on the Flipkart issue,” said Sitharaman.

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