India's Commerce Minister warns of potential harm to small retailers due to predatory pricing in e-commerce.
India's Commerce Minister, Piyush Goyal, has expressed concerns over the rapid growth of e-commerce, warning it could harm small retailers due to predatory pricing. Goyal questioned whether the losses of e-commerce companies are due to predatory pricing strategies that disproportionately impact traditional retailers, and called for a more organized and citizen-centric approach to the sector's development. He emphasized the need to address predatory pricing and its potential social and economic impacts.
August 21, 2024
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