Keeping a close watch: CCI warns online retailers against unfair practices

All eyes on Bezos' visit this week as traders up the ante

The Competition Commission of India (CCI) has sent out a strong warning to e-commerce players against unfair practices, saying it’s keeping a close watch and will investigate the “phenomenal’’ online sale of mobile phones. Pointing out that the opaque behaviour of dominant e-commerce companies was hurting the fate of brick-and-mortar stores, CCI Chairman Ashok Gupta indicated on Saturday that he meant action. 

The warning by the anti-trust watchdog has come days ahead of Amazon founder Jeff Bezos’ India visit, about which the Seattle-headquartered company has been tight-lipped. Sources in the know indicated that Bezos, coming on a short trip, has sought