🏠 News Empire
economy

Retailers demand fair play in online markets as counterfeit trade rises

Published on: 04 Aug 2026, 07:21 PM
Retailers demand fair play in online markets as counterfeit trade rises

The Tamil Nadu chapter of the Federation of Retailers Association of India (FRAI) has expressed serious concerns over the growing circulation of counterfeit and non-compliant products, alongside unfair market practices, in India's rapidly expanding online retail ecosystem. The remarks came at a seminar titled 'Confronting Illicit Trade in Modern Markets' held in Chennai on Tuesday, where retailers, trader associations, and other stakeholders deliberated on the impact of illicit trade, predatory pricing, and deep discounting on traditional businesses.

Participants at the seminar highlighted that counterfeit goods and illegal distribution channels not only hurt genuine businesses and deprive the government of revenue, but also pose significant risks to consumer safety and threaten the livelihoods of lakhs of small traders across the country. The rise of quick commerce and e-commerce platforms, they noted, has made it increasingly difficult for consumers to distinguish authentic products from counterfeit ones, especially during flash sales and aggressive pricing campaigns.

C. Chelladurai, president of the FRAI Tamil Nadu chapter, described illicit trade as a serious threat to consumer safety, fair competition, and the livelihoods of legitimate retailers. "Counterfeit and illegally sourced products not only expose consumers to substandard and unsafe goods but also undermine the credibility of legitimate businesses," he said. His remarks echoed the collective concern of retailers who feel that the rapid growth of digital marketplaces has outpaced regulatory oversight and enforcement mechanisms.

The seminar also drew attention to the issue of predatory pricing and deep discounting, which retailers argue creates an uneven playing field. Small and traditional retailers, who cannot afford such aggressive pricing strategies, find themselves at a disadvantage against well-funded e-commerce platforms. This, in turn, threatens the diversity of the retail sector and the livelihoods of millions who depend on conventional trade.

The Federation of Retailers Association of India represents a broad spectrum of retailers, from small independent shops to large chains, and has been vocal about the need for a fair and transparent retail environment. In its Tamil Nadu chapter's appeal, the association called for stronger enforcement of existing laws, greater consumer awareness, and the adoption of fair market practices. "We need a level playing field for small and traditional retailers," Chelladurai added, urging authorities to address the regulatory gaps that allow illicit trade to flourish.

The concerns raised at the seminar come against the backdrop of India's rapidly growing e-commerce sector, which has seen a surge in online shopping, particularly in urban and semi-urban areas. While this growth has brought convenience to consumers, it has also brought challenges, including the proliferation of counterfeit products and the erosion of fair competition. Retailers argue that without timely intervention, these issues could undermine trust in the digital economy and harm consumers.

FRAI Tamil Nadu has now called for collaborative action involving government agencies, e-commerce platforms, and consumer groups to tackle the menace of illicit trade. The association has also stressed the importance of educating consumers about the risks of buying counterfeit goods and the need to verify the authenticity of products purchased online. As the seminar concluded, participants resolved to work towards a more equitable retail ecosystem, where all players—large or small, online or offline—can thrive without compromising on quality or fairness.

Latest in Economy 10
Commercial LPG Cylinder Up ₹10, Third Straight Monthly Hike Ahead of Festive Season
economy

Commercial LPG Cylinder Up ₹10, Third Straight Monthly Hike Ahead of Festive Season

Commercial LPG cylinder prices rose by around ₹10 on November 1, 2026, the third consecutive monthly increase, taking the Delhi rate to ₹2,820. The revision follows a ₹65 hike in October and a smaller increase in September, partly offsetting the ₹380 cumulative cut in July and August. Domestic household cylinder prices are set separately and are not part of this change.

The Hindu 01 Nov 2026, 03:44 AM
Read More →
AI cost fears trigger sharp fall in US tech stocks
economy

AI cost fears trigger sharp fall in US tech stocks

US technology stocks fell sharply on Friday as investors worried about the rising cost of AI infrastructure. Intel shares dropped as much as 30% and Amazon and Alphabet also declined, while the Nasdaq opened at a two-month low. Analysts said questions are growing over when heavy AI spending will translate into profits.

BBC News 30 Oct 2026, 03:46 PM
Read More →
World Bank: India Lifted 496 Million People Out of Extreme Poverty in 12 Years
economy

World Bank: India Lifted 496 Million People Out of Extreme Poverty in 12 Years

The World Bank's October 2026 Poverty and Equity Brief estimates that India lifted about 496 million people out of extreme poverty between 2011 and 2023, with the share of the population in extreme poverty falling from 27.1 per cent to 2.6 per cent. It credits consumption growth, rising employment and expanded social transfers, while flagging a concentration of poverty in a belt from Uttar Pradesh to West Bengal and rising youth unemployment.

NDTV 30 Oct 2026, 05:09 AM
Read More →
Aavin Hikes Prices of 25 Milk Products Ahead of Deepavali, Cites Rising Input Costs
economy

Aavin Hikes Prices of 25 Milk Products Ahead of Deepavali, Cites Rising Input Costs

Aavin has increased prices of around 25 milk-based products, including ghee, curd, and buttermilk, ahead of Deepavali, citing rising raw material and procurement costs. The federation says 90% of the additional revenue will go to dairy farmers. A consumer activist criticised the timing, noting that consumers are already dealing with high prices of essential commodities.

The Hindu 27 Oct 2026, 03:49 PM
Read More →
Rice at ₹85 a kg: Telangana warns traders against artificial shortage as prices bite
economy

Rice at ₹85 a kg: Telangana warns traders against artificial shortage as prices bite

Rice prices in Hyderabad and other parts of Telangana have risen from about ₹45 to ₹80–₹85 a kilogram, straining household budgets. The State Civil Supplies department has warned wholesalers and retailers against creating an artificial scarcity and directed them to display stock and price details at their outlets. Officials said stocks and prices will be monitored continuously.

The Hindu 27 Oct 2026, 03:55 PM
Read More →
Sensex drops 282 points as high crude oil prices and IT stock selling drag markets
economy

Sensex drops 282 points as high crude oil prices and IT stock selling drag markets

The Sensex fell 281.95 points to 73,316.21 and the Nifty slipped 63.15 points to 22,694.60 in early trade, dragged by elevated crude oil prices and selling in IT stocks such as Infosys, TCS and HCL Tech. Foreign institutional investors sold equities worth ₹1,462.49 crore on Monday, while markets await the U.S. Federal Reserve's policy guidance on inflation and interest rates.

The Hindu 27 Oct 2026, 05:50 AM
Read More →
Noel Tata Calls Chandrasekaran's Reappointment 'Void', Seeks Records on TVS Motor Dealings
economy

Noel Tata Calls Chandrasekaran's Reappointment 'Void', Seeks Records on TVS Motor Dealings

Noel Tata, chairman of Tata Trusts, has written to Tata Sons calling the September 17 resolution reappointing N Chandrasekaran as executive chairman "void" and demanding board records on how the decision was taken. His letter also asks whether potential conflicts of interest involving TVS Motor and a company linked to Chandrasekaran's family were disclosed. The claims are unverified and no finding of wrongdoing has been made.

NDTV 27 Oct 2026, 03:16 AM
Read More →
→ View All Economy News