vimarsana.com

Page 6 - எங்களுக்கு இந்தியா வணிக சபை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Indian Minister accuses Amazon, Walmart of predatory practices

Indian Minister accuses Amazon, Walmart of predatory practices Robert Besser 30 Jun 2021, 05:27 GMT+10 NEW DELHI: Indian Commerce Minister Piyush Goyal has accused U.S. ecommerce giants of using their scale and access to large pools of low-cost capital to indulge in predatory pricing practices in India, to the detriment of mom-and-pop stores. Although he did not name Amazon.com or Walmart Inc s Flipkart - the two dominant ecommerce players in India - or specify which laws had been abused, his comments came soon after small Indian traders and retailers accused the U.S. giants of circumventing Indian consumer protection and competition laws.

Indian commerce minister: Arrogant U S ecommerce giants flout our laws – Voice Of Vienna

Indian commerce minister: ‘Arrogant’ U.S. ecommerce giants flout our lawsInternational 2021-06-28, by Editor Comments Off 0 NEW DELHI, June – Indian Commerce Minister Piyush Goyal has ratcheted up the heat on U.S. ecommerce giants like Amazon and Walmart, accusing them of arrogance and of flouting local laws by indulging in predatory pricing practices. Goyal said companies were using their scale and access to large pools of low-cost capital to indulge in predatory pricing practices “to the detriment of mom-and-pop stores.” “A number of these large ecommerce companies have come into India and very blatantly flouted the laws of the land in more ways than one,” he told a virtual event late on Saturday.

Indian commerce minister: Arrogant U S ecommerce giants flout our laws

3 Min Read NEW DELHI (Reuters) - Indian Commerce Minister Piyush Goyal has ratcheted up the heat on U.S. ecommerce giants like Amazon and Walmart, accusing them of arrogance and of flouting local laws by indulging in predatory pricing practices. Slideshow ( 2 images ) Goyal said companies were using their scale and access to large pools of low-cost capital to indulge in predatory pricing practices “to the detriment of mom-and-pop stores.” “A number of these large ecommerce companies have come into India and very blatantly flouted the laws of the land in more ways than one,” he told a virtual event late on Saturday.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.