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Amazon and Walmart accused of predatory pricing practices in India

Reuters/U.S. News & World Report 06/28/2021

Indian Commerce Minister Piyush Goyal said that Amazon.com and Walmart are disregarding local laws and indulging in predatory pricing practices that put that nation’s mom-and-pop retailers at risk. “I’ve had several engagements with these large companies, particularly the American ones, and I can see a little bit of arrogance,” Mr. Goyal said.

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