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Growth of ecommerce UPSC NOTE

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  Major e-commerce players, like Amazon, are accused of using aggressive pricing strategies to drive competitors out of the market, which ...

 

  • Major e-commerce players, like Amazon, are accused of using aggressive pricing strategies to drive competitors out of the market, which could harm the business prospects of small retailers.

  • The rapid growth of e-commerce might threaten the livelihood of around 100 million small stores in India, potentially leading to significant job losses and social disruption.

  • The  Union Commerce and Industry Minister questioned reports suggesting that e-commerce growth does not negatively affect employment

  • Official reports might downplay the negative effects of e-commerce on jobs.

  • There are concerns that Cloud Kitchens and Food Delivery Apps online services could adversely affect traditional restaurants.

  • E-commerce companies like Amazon report significant losses, raising concerns about predatory practices

  • There are issues with how e-commerce platforms operate in relation to regulations that restrict direct consumer transactions (B2C)

  • The Minister argued that these platforms are circumventing rules by using complex structures.

  • Large investments by e-commerce firms may not necessarily benefit the local economy.

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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Growth of ecommerce UPSC NOTE
Growth of ecommerce UPSC NOTE
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Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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