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Thursday, January 16, 2020

Indian business owners protest Amazon expansion plans

Indian business owners protest Amazon expansion plans, calling Jeff Bezos an economic terrorist'

Indian business owners protest Amazon expansion plans, calling Jeff Bezos an 'economic terrorist'
Thousands took to the streets in India this week to protest e-commerce giant Amazon's decision to expand into the country. Small shop owners say they won't be able to compete with the steep discounts Amazon offers other suppliers.
The protests coincided with Amazon CEO Jeff Bezos' trip to India, where he announced on Wednesday the company's plans to invest $1 billion in the country. He said the e-commerce giant wants to put money into "digitizing small and medium businesses," and called a US-India alliance the "most important" of the 21st century.

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