Current Affairs - Miscellaneous - Discussion

The Corporate affairs ministry set up a 10-member panel to check on the discounts offered by the online retailers. The panel will set probe to Practices in the digital economy, Backlog of competition cases to be resolved and The fee structure followed by the Competition Commission of India (CCI). These came to the forefront as traditional retailers requested the commerce minister to impose a ban on discounted sales by online sellers. This is possible due to access of e-retailers to foreign direct investment (FDI) which allows them t offer discounts.