A day before meeting his US counterpart to close the gaps for the proposed bilateral trade package, India’s trade minister Piyush Goyal on Tuesday used the BRICS platform once again to raise concern over predatory pricing techniques used by some e-commerce companies in India.“I would like to highlight the adverse impact of predatory pricing indulged by some e-commerce players which adversely impact millions of small retailers. It is important for e-commerce to follow the letter and spirit of the law,” Goyal said at a session titled “Advancing BRICS Trade and Investment Cooperation—the road ahead” at the BRICS trade ministers meet in Brazil.

Publication: Mint, Business Standard, The Economic Times,  Financial Express, The Indian Express

Date: November 13, ...E-commercepiyush goyalPredatory pricing

Could the Government e-Marketplace (GeM), a portal launched in August 2016 by India’s commerce ministry to ensure transparency in the procurement of goods and services by government departments and public sector undertakings (PSUs), compete with e-commerce majors such as Amazon and Walmart-owned Flipkart in the retail arena? It’s an intriguing prospect.

Publication: Mint

Date: November 11, 2019