Union Commerce and Industry Minister Piyush Goyal on Tuesday said some e-commerce companies are indulging in predatory pricing which is adversely impacting millions of small retailers.
“I would like to highlight the adverse impact of predatory pricing indulged by some ecommerce players, which adversely impact millions of small retailers.
The global economic outlook is facing grave challenges amidst growing protectionism and rising trade tensions manifested in unilateral measures, Goyal noted.
These developments are contributing to enhancing economic uncertainties and raising the cost of doing trade in developing and least developed countries, Goyal said.
Further, he also called upon the countries to ensure that WTO reform process does not dilute its basic principles like special and differential treatment to developing countries.

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