Piyush Goyal blasts online retailer Amazon for engaging in predatory pricing practices

Commerce minister Piyush Goyal on Wednesday blasted online retailers — particularly Amazon — for engaging in predatory pricing practices that threaten to upend the country’s traditional retail sector.

The minister said the sector’s rapid expansion could cause significant social disruption and is a cause for concern rather than celebration. He was speaking at an event organised to mark the growth of e-commerce in India.