- Wednesday, April 24, 2024
By: Keerthi Mohan
Expressing concern that Walmart would adopt predatory pricing and deep discounting, the Confederation of All India Traders has written to commerce minister Suresh Prabhu protesting against the Flipkart-Walmart deal. The traders’ forum has called Walmart as “the US version of The East India Company” and urged for an investigation into the Walmart-Flipkart deal. “Walmart is nothing but a US version of The East India Company which conquered the country,” CAIT said in the letter, adding, “It is highly regretted that some of the people for just merely earning the profit have sold major chunk of e-commerce to Walmart.” CAIT also fears…
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