A day after Karnataka Excessive Court docket gave the choice that the Competitors Fee of India (CCI) can go forward with a probe in opposition to Amazon and Flipkart for his or her alleged anti-competitive practices, the Confederation of All India Merchants (CAIT) on Saturday mentioned that these e-commerce firms have destroyed conventional Kirana and small retailers.
CAIT secretary normal Praveen Khandelwal in a press launch acknowledged, “These e-commerce firms, “ought to present an inventory of the highest 10 sellers on their portal within the final 5 years which can reveal the truth that names of the identical set of sellers will exist throughout these 5 years as the highest sellers that are prominently associated to them in come what may thereby consolidating the gross sales into few fingers solely. These overseas e-commerce entities are habituated to make tall claims about serving to and aiding small and medium retailers whereas ruthlessly destroying the very material of our conventional Kirana and small retailers,” Khandelwal mentioned in a press notice.
“Now we have purpose to consider that these firms try to ascertain themselves because the second version of East India Firm to fulfil their aspirations and ulterior motives to regulate and dominate not solely the e-commerce however your entire panorama of the retail commerce of India which is being run by greater than 8 crore merchants offering employment to just about 40 crore folks and producing an annual flip over of about ₹150 lakh crores,” mentioned Khandelwal.
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Earlier, CAIT on Friday hailed the Karnataka Excessive Court docket’s determination that the Competitors Fee of India (CCI) can go forward with a probe in opposition to Amazon and Flipkart for his or her alleged anti-competitive practices.
“We attraction @CCI_India to proceed its probe,” CAIT Common Secretary Praveen Khandelwal tweeted.
“We additionally urge Shri @PiyushGoyal to carry new #PressNote at once.”
The Excessive Court docket earlier dismissed a plea filed by e-commerce firms Amazon and Flipkart difficult a probe ordered by CCI in opposition to them for alleged violations of competitors legal guidelines.
The order was pronounced by Justice P S Dinesh Kumar whereas listening to two petitions moved by them searching for to quash the probe ordered by CCI. Amazon and Flipkart can now both go to a two-judge bench within the Excessive Court docket or the Supreme Court docket.