Walmart's Acquisition of Flipkart is a Blow to India's Retailers
The $16 billion acquisition of Flipkart by retail giant Walmart puts the livelihood of crores of Indians at risk, in addition to reinforcing monopolies in the sector to the possible detriment of producers.
Newsclick Editor-in-Chief Prabir Purkayastha talks about how the $16 billion acquisition of Flipkart by retail giant Walmart puts the livelihood of crores of Indians at risk, in addition to reinforcing monopolies in the sector to the possible detriment of producers.
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