Commerce and Industry Minister Piyush Goyal said all e-commerce companies should follow the Indian laws and do not use muscle or money power to hurt the interests of the country
In the Biden era, the Reaganite consensus is finally breaking down.
Illustration by Tim Lahan
In a 1981 speech to the boards of the World Bank and International Monetary Fund, President Ronald Reagan expressed one of the central ideas of the coming era. “The societies which have achieved the most spectacular, broad-based economic progress … believe in the magic of the marketplace.” I have long thought that this and many other Reagan speeches were extraordinary examples of what Michael Sandel has called public philosophy an attempt “to bring moral and political philosophy to bear on contemporary public discourse.”
Antitrust: Taking on Monopoly Power From the Gilded Age to the Digital Age
Airlines demand financial assistance
April 13, 2021
On the dot: The airline industry views punctuality as the only benchmark of efficiency - VIJAY BATE
On the dot: The airline industry views punctuality as the only benchmark of efficiency - VIJAY BATE×
Want a tab to be kept on predatory pricing
Affected by the second wave of Covid-19 and fall in demand for air travel, a section Indian airline companies have demanded financial assistance from the Ministry of Civil Aviation. According to sources, the representatives of the airlines met the Aviation Secretary, and also requested that a a tab be kept on predatory pricing of airfares among other things.
Amazon documents reveal secret strategy to dodge India’s regulators
Updated:
Updated:
February 18, 2021 13:30 IST
Traders in India have long alleged that Amazon’s platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing.
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Jeff Bezos, founder of Amazon, attends a company event in New Delhi, India on January 15, 2020.
| Photo Credit: Reuters
Traders in India have long alleged that Amazon’s platform largely benefits a tiny number of big sellers and that the American giant engages in predatory pricing.
It was early 2019, and senior Amazon.com Inc executive Jay Carney was preparing for an important meeting. The former press secretary to U.S. President Barack Obama, Mr. Carney was scheduled to talk with India’s ambassador to the United States in Washington, D.C. In Delhi, the government had just announced foreign direct investment regulations that threatened to disrupt Amazon’s business in the wo