300,000+ Traders Under CAIT Will Protest Against Amazon, Flipkart For Unfair Practices
Confederation of All India Traders (CAIT) will stage protests across the country against Amazon, Flipkart and other e-commerce companies.
Why Are They Protesting?
Starting from September 15, the nationwide campaign will target “the malpractices of foreign-funded e-commerce companies.”
The traders’ body said that it is disappointed by the lack of “concrete action” against online retailers which are allegedly in violation of rules and laws.
CAIT is upset about the fact that firms like Amazon and Flipkart have managed to get around policies, laws, rules and an administrative system in place which keeps checks on them.
They are demanding that e-commerce rules be implemented quickly without any delay.
To that end, they wrote to the commerce minister Piyush Goyal.
They further criticised Niti Aayog and others who are opposing e-commerce rules under the Consumer Protection Act.
Probe Against Amazon, Flipkart
Last month, the Supreme Court rejected Amazon and Flipkart’s pleas to suspend an investigation by Competition Commission of India (CCI).
The probe was ordered in January 2020 which was challenged by Amazon and Flipkart before the Karnataka High Court, only to be rejected in June.
The two firms have been accused of promoting and favouring a select few sellers, among other practices aimed towards quashing competition.
This has been detrimental to smaller businesses and brick-and-mortar retailers.
They are also accused of structuring their businesses in ways that allow them to circumvent India’s laws.
Amazon Parts Ways With Preferred Sellers
Last month, Amazon and its seller firm Cloudtail announced their decision to separate after May 2022.
The announcement came after the Supreme Court’s order to Amazon to volunteer itself for the investigation.