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Predatory pricing in E-commerce threatens small retailers: Piyush Goyal
The Business Guardian
|August 22, 2024
Commerce and Industry Minister, Piyush Goyal raised concern about the functioning of the E-commerce sector, saying that E-commerce is eating into the small retailers by giving heavy discounts on products.
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Goyal charged E-commerce players with predatory pricing and not giving a level playing field to small retailers.
Speaking at an event for the Report Launch on 'Net Impact of E-Commerce on Employment and Consumer Welfare in India Goyal said, "What does e-commerce do we all think that?, they are making things so much cheaper. If I go to a store and buy a five-star chocolate or a box of chocolates, It's going to cost me 500 rupees.
This story is from the August 22, 2024 edition of The Business Guardian.
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