CAIT demands scrutiny of proposed Flipkart-Walmart deal

(Source: ETRetail.com)┬áThe Flipkart buy may be one of the largest deals in the retail sector and by far, the biggest in the country’s booming e-commerce market. “This (Walmart-Flipkart) deal should not be allowed since it will encourage more loss funding and predatory pricing on e-commerce which is already gripped with malpractices,” CAIT said.