predatory pricing

A colossal Tyrannosaurus rex skeleton, nicknamed Gus, is set to make waves at a major auction. Discovered on a South Dakota ranch, this remarkably preserved specimen, dating back 67 million years, boasts exceptional completeness. Experts estimate its value between twenty and thirty million dollars, sparking debate among paleontologists about private ownership of such significant scientific finds.

Scammers are using fake AI bots to build emotional connections. These bots then manipulate users into sending money. An AI companion expert shares five red flags to identify these scams. Legitimate platforms offer transparent pricing and no emotional pressure. Users must be vigilant to protect themselves from these online schemes.

Union commerce and industry minister Piyush Goyal on Tuesday said some e-commerce companies are indulging in predatory pricing which is adversely impacting millions of small retailers. "It is important for e-commerce to follow the letter and spirit of the law," he said at the BRICS trade ministers meeting in Brasilia.

The government is probing Walmart-owned Flipkart and Amazon over the alleged predatory pricing, commerce minister Piyush Goyal said on Thursday. 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.

Aviation minister Hardeep Singh Puri on Tuesday said some predatory pricing is happening in airfares and other airlines can shut down if it continues. Addressing a press briefing, Puri said while the ministry had no plans of regulating fares, it has to happen within parameters of deregulation.

Fleetcab operators will petition state transport commissioner Praveen Gedam this week, asking why there is no mention of curbing ‘predatory pricing’ in the draft City Taxi Rules and any clause on ‘share taxi rides’.

CCI has claimed that the Trai stepped on to the latter’s turf by examining aspects of dominance and predatory pricing as part of a consultation paper.

The fair play regulator is understood to have found no prima facie case of “predatory pricing” in massive online discounts offered by e-tailers such as Flipkart, Amazon and Snapdeal.

The government will not allow foreign companies to operate in multi-brand segment and necessary action will be taken against people indulging in predatory pricing, commerce and industry minister Piyush Goyal said. Goyal also "asserted that predatory pricing will not be allowed and necessary action will be taken against defaulters.

All India Consumer Products Distributors Federation urges the Competition Commission of India to probe Blinkit, Swiggy, and Zepto for alleged predatory pricing that challenges traditional retailers. Quick commerce platforms offering deep discounts and bypassing salespeople raised industry concerns; possible CCI investigation pending.

Taking serious note of ‘predatory pricing’ by airlines, the government on Thursday said the air fares on every sector/route should have a lower and higher price band, which must be pre-notified on the websites of the respective airlines.

There have been allegations that aggregators like Uber and Ola indulge in "predatory pricing" as they are backed by investor money.

New Delhi, Apr 30 () Just days after a TDSAT interim order stayed elements of Trai's predatory pricing rules, the regulator has said courts are the right forum for dispute resolution, and that it will continue to participate in the due legal proceedings.

The strong words from CCI come at a time when Trai is weeks away from issuing its recommendations on predatory pricing and tariff assessment.

New Delhi, Dec 13 () Telecom tribunal TDSAT on Thursday set aside sector regulator Trai's rule on predatory pricing for lack of transparency in the guidelines over determining market share and rates of services.

NEW DELHI: The Telecom Regulatory Authority of India has said basic operators can offer alternate tariff packages as its tariff order stipulated standard tariffs, but cautioned that the regulator will ensure there is no predatory pricing.