Doesn’t Amazon’s ₹6,000 cr loss in India smell of predatory pricing, asks Piyush Goyal
Large online retail companies may be engaging in predatory pricing, which is not good for the country with its estimated 100 million small retailers in both cities and rural areas who need to be protected from disruptions, Commerce and Industry Minister Piyush Goyal has said. Referring to e-commerce giant Amazon’s ₹6,000 crore losses in India, …