CAIT asks for government assistance to tackle online business malpractice
today Sep 3, 2019
The Confederation of All India Traders has asked the Minister of Commerce and Industry to take action against online retailers that it believes are engaging in business malpractice.
CAIT has asked Minister for Commerce and Industry Piyush Goyal to combat malpractice in the e-commerce industry, it announced on September 1, as reported by the Press Trust of India. CAIT suggested that e-commerce businesses of all sizes should register with the ministry as one way to ensure regulations are followed.
The traders’ body believes that India does not currently have a level playing field for online retail and that there exists unfair competition. "The government must take immediate steps to eliminate all such malpractices [to] enable the e-commerce market a even level playing field with fair competition," said CAIT’s statement, heard by the Press Trust of India.
CAIT has already spoken out on several occasions about its fear that foreign businesses will overrun the Indian e-commerce market to the detriment of Indian businesses. The organisation heavily protested US-based business Walmart’s acquisition of Flipkart last summer and organised several traders’ protests on the matter.
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