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Exclusive-Amazon, Tata say Indian govt e-commerce rules will hit businesses -sources

Exclusive-Amazon, Tata say Indian govt e-commerce rules will hit businesses -sources
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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.

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