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Business News LIVE Updates Today: India’s mobile retailers call for banning iQoo, Poco, OnePlus, accusing anti-competitive practices

In the latest business news update, the All India Mobile Retailers Association (AIMRA) has called for a ban on popular smartphone brands iQoo, Poco, and OnePlus. The association, which represents over 1.5 million mobile retailers, has accused these brands of engaging in anti-competitive practices.

According to AIMRA, iQoo, a sub-brand of Vivo, is a prime example of these practices as it mainly sells its products through online platforms like Amazon, Flipkart, and its own online store, despite repeated requests for wider retail distribution.

This move by AIMRA highlights the ongoing challenges faced by traditional retailers in the mobile industry, as online sales continue to dominate the market. The association’s call for a ban on these brands is likely to spark further debate on the issue of fair competition in the smartphone market.

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