Quick commerce platforms flouting FDI norms, competition law, alleges CAIT

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Quick commerce platforms flouting FDI norms, competition law, alleges CAIT - Business Standard

Quick Summary:

By providing free or heavily-discounted warehousing and delivery services to preferred sellers, they are pushing small retailers and kirana shops out of the market, it said.

The white paper comes even as regulators are increasing scrutiny of quick commerce platforms.

On Tuesday, the Food Safety & Standards Authority of India (FSSAI) asked e-commerce and quick- commerce food business operators to ensure a minimum shelf life of 30 per cent or 45 days before expiry of products at the time of delivery to consumers.