Government to Protect Small Retailers from Predatory Pricing

• 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