{"id":848559,"date":"2024-08-27T11:31:03","date_gmt":"2024-08-27T06:01:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=848559"},"modified":"2024-08-27T11:33:24","modified_gmt":"2024-08-27T06:03:24","slug":"commerce-minister-piyush-criticises-e-commerce-giants-for-predatory-pricing-practices","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/27\/commerce-minister-piyush-criticises-e-commerce-giants-for-predatory-pricing-practices\/","title":{"rendered":"Commerce Minister Piyush criticises E-commerce giants for predatory pricing practices"},"content":{"rendered":"<p>Union Commerce and industry minister Piyush Goyal has stirred up the pot by letting go a broadside against Amazon and other ecommerce players. Attacking these e-retailers for \u2018predatory pricing\u2019, Goyal alleged they were slowly killing the vast network of small, mom-and-pop shops through unfair competition. He also suggested Amazon was passing off fund infusions to cover Rs 6,000 crore of losses by disguising them as investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Commerce and industry minister Piyush Goyal has stirred up the pot by letting go a broadside against Amazon and other ecommerce players. Attacking these e-retailers for \u2018predatory pricing\u2019, Goyal alleged they were slowly killing the vast network of small, mom-and-pop shops through unfair competition. He also suggested Amazon was passing off fund infusions to cover Rs 6,000 crore of losses by disguising them as investments.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-848559","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/848559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=848559"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/848559\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=848559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=848559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=848559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}