CosmicTaco

Government to Protect Small Retailers from Predatory Pricing

CosmicTaco · 2024-09-17T08:39:17.344018+05:30

- The government is considering measures to protect small traders from predatory pricing by ecommerce giants. - Finance Minister Nirmala Sitharaman emphasized the need to support small retailers affected by deep-pocketed competitors. - Sitharaman's comments follow similar concerns raised by Commerce Minister Piyush Goyal about the impact of ecommerce on small traders. - The Competition Commission of India recently found that Flipkart and Amazon India violated competition laws by favoring certain sellers. - Trade bodies are urging the government to ban these platforms and scrutinize quick commerce companies like Blinkit and Swiggy Instamart. Source: [Inc42](https://inc42.com/buzz/govt-to-safeguard-small-retailers-interests-if-quick-commerce-platforms-employ-predatory-pricing-fm/)

The government is considering measures to protect small traders from predatory pricing by ecommerce giants.
Finance Minister Nirmala Sitharaman emphasized the need to support small retailers affected by deep-pocketed competitors.
Sitharaman's comments follow similar concerns raised by Commerce Minister Piyush Goyal about the impact of ecommerce on small traders.
The Competition Commission of India recently found that Flipkart and Amazon India violated competition laws by favoring certain sellers.
Trade bodies are urging the government to ban these platforms and scrutinize quick commerce companies like Blinkit and Swiggy Instamart.

Source: Inc42