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Around 700 protests took place in bazaars across India recently, as activists claim Amazon and Walmart's Flipkart are engaged in predatory pricing

- Merchants say global giants are flouting new pricing rules  — Powerful shop union mobilizes to spur more government action Tweets: @economictimes and @sub8u Tweets: Economic / @economictimes : Representing about 70 million small #merchants who collectively control almost 90% of India's retail trade, India's #shopkeepers union has shown itself to be a strong political force. https://economictimes.indiatimes.com/ ... Subrahmanyam Kvj / @sub8u : In historical comparisons we excel! “Amazon and Flipkart are a second version of the East India company. The motive of Amazon and Flipkart is not to do business, but to monopolize and control.” https://www.bloomberg.com/...

Bloomberg Ari Altstedter

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  • @economictimes Economic on x
    Representing about 70 million small #merchants who collectively control almost 90% of India's retail trade, India's #shopkeepers union has shown itself to be a strong political force. https://economictimes.indiatimes.com/ ...
  • @sub8u Subrahmanyam Kvj on x
    In historical comparisons we excel! “Amazon and Flipkart are a second version of the East India company. The motive of Amazon and Flipkart is not to do business, but to monopolize and control.” https://www.bloomberg.com/...