The Confederation of All India Traders is launching a nationwide protest against Amazon and Flipkart, alleging anti-competitive practices and demanding prosecution.
AmazonFlipkartEcommerceCaitCompetition Commission Of IndiaReal EstateSep 29, 2024
The protest is in response to a recent report by the Competition Commission of India (CCI), which highlights serious anti-competitive practices by the two e-commerce platforms.
The alleged practices include deep discounting, preferential treatment to select sellers, and violation of competition norms.
These practices have severely impacted small and medium traders, causing irreparable damage to lakhs of traders and retailers.
The traders are demanding immediate and firm action, including prosecution under the relevant sections of the law, against Amazon and Flipkart.
Small traders currently make up 90% of the retail market in India and contribute 45% to the country’s exports.
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