Ozon, a major Russian online marketplace, has denied allegations by the Central Bank that its discount strategies are distorting market competition. The dispute centers on a proposal by Central Bank Governor Elvira Nabiullina to prohibit online platforms from offering discounts to customers who pay for their purchases using their own subsidiary banks. This measure is part of broader regulatory efforts to ensure fair competition and prevent market distortion.
According to reports, the Central Bank’s proposal aims to prevent a potential anti-competitive advantage that could arise from discounts offered to customers who use affiliated financial services. Critics argue that such restrictions could stifle innovation and limit consumer choice, while regulators maintain that the policy is necessary to maintain a level playing field for all market participants.
Despite the Central Bank’s claims, Ozon has firmly denied the allegations, emphasizing its commitment to fair practices and competitive pricing. The company has called for further dialogue with regulators to address concerns without compromising its business model. The situation reflects the complex interplay between digital marketplaces, financial regulations, and the balance between consumer benefits and market integrity.