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What is one of the major concerns regarding the rapid expansion of the e-commerce sector in India, as voiced by the Union Minister of Commerce and Industry?
  • a)
    Lack of internet connectivity
  • b)
    High import duties on goods
  • c)
    Predatory pricing practices
  • d)
    Insufficient workforce
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What is one of the major concerns regarding the rapid expansion of the...
The Union Minister of Commerce and Industry expressed concerns about predatory pricing practices within the e-commerce sector, where companies may set prices artificially low to undercut competitors, potentially threatening the livelihoods of millions of small retailers.
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What is one of the major concerns regarding the rapid expansion of the e-commerce sector in India, as voiced by the Union Minister of Commerce and Industry?a)Lack of internet connectivityb)High import duties on goodsc)Predatory pricing practicesd)Insufficient workforceCorrect answer is option 'C'. Can you explain this answer?
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