Traders to launch nationwide campaigndemanding prosecution of Amazon, Flipkart

 

 

IN LIGHT of the recently released report by the Competition Commission of India (CCI),which highlighted serious anti-competitive practices bye-commerce giants like Amazon and Flipkart, the traders across the country, under the leadership of Confederation of All India Traders (CAIT),are set to launch a massive nationwide campaign demanding prosecutionof the secompanies.This decision was taken recently in New Delhi during the two-day National Trade Summit. More than 350 trade leaders from all over the country in a unanimous resolution said that, “These practices include deepdiscounting,preferential treatmenttoselect sellers, and the violation of competition norms. The findings further affirm that these platforms have been operating in ways that distort the level playing field,causingirreparabledamage to lakhs of traders and retailers.

 

Therefore, we urge upon theCCI to takenecessary action and prosecute both Amazon and Flipkart without delay.” AddressingtheSummit, former Union Minister and CAIT Advisor Smriti Irani emphasizedthesignificantrole of small traders in the Indian economy. Inparallel,theCAIThasalso decided to launch a transformative initiative aimed at the upgradation of traders and small business owners across India. The initiative will be designedtoupliftsmalltraders andretailersbyprovidingtraining on e-commerce, digital marketing, and financial literacy, usage of social media to widen business It will ensure that Indian traders can leverage technology and new-age platforms, ensuringtheirbusinessesremaincompetitiveand future-ready