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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.

Boycott China flops: Mainland China overtakes US to become India s largest trade partner in FY21

Boycott China flops: Mainland China overtakes US to become India s largest trade partner in FY21
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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