The big e-commerce companies, Amazon and Walmart are not probable to fully participate in an Indian antitrust bodys study of the e-commerce sector for fear of revealing trade secrets, two anonymous sources told the Indian daily news, Reuters.
The Competition Commission of India (CCI) is busy in carrying a fact-finding exercise which aims at apprehending the e-commerce sector better and henceforth, shared a document with numerous e-commerce companies, as reported by the Indian daily news, Reuters.
The document, which has been shared by CCI, encompasses 88 questions inscribed in 12 pages. In the document, the Indian body urges recipients to state their volunteer pricing strategies, identities of their biggest-selling vendors and information, as reported by the Indian daily news, VC Circle.
Flipkart and Amazon are Indias biggest e-tailers; thus, their participation in this survey will be of prime importance. However, the two companies are not likely to answer questions in full as doing so would involve disclosing commercially sensitive information, two anonymous sources told the Indian daily news, Reuters.
This survey is very detailed, said one of the two anonymous sources. Further, the source told the companies are worried because these are competitive, confidential things which are business critical.