Walmart + 30 other mega-corporations lobbying $26mn ea to enter India's retail space

Discussion in 'Politics, Religion, Social Issues' started by Mugambo, Dec 11, 2012.

  1. Mugambo macrumors 6502

    Mugambo

    Joined:
    Jul 4, 2009
    #1
    http://www.fnbnews.com/article/detnews.asp?articleid=32965&sectionid=1

     
  2. eric/ Guest

    eric/

    Joined:
    Sep 19, 2011
    Location:
    Ohio, United States
    #2
    Lobbying and bribes are pretty typical in India.

    I'm not sure what exactly the deal is here that's causing them to lobby in the first place. Can they not operate in India or something? Or is it tax problems?
     
  3. Eraserhead macrumors G4

    Eraserhead

    Joined:
    Nov 3, 2005
    Location:
    UK
    #3
    They weren't allowed to operate.
     
  4. eric/ Guest

    eric/

    Joined:
    Sep 19, 2011
    Location:
    Ohio, United States
    #4
    Then this is perfectly acceptable, and I would actually encourage it. These companies need to do whatever they can to break into the market.
     

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