CAIT says Amazon, Flipkart destroying small merchants in India
The Confederation of All India Traders (CAIT) has said that e-commerce companies like Flipkart and Amazon are destroying the traditional kiranas and small merchants in India.
CAIT alleged that top sellers on these e-commerce platforms are related to the parent firms and urged the Competition Commission of India (CCI) to expedite the probe against Amazon and Flipkart for the alleged anti-competitive practices.
“The e-commerce companies should provide a list of the top-ten sellers on their portal in the last five years which will reveal the fact that names of the same set of sellers will exist during these five years as the top sellers which are prominently related to them in one way or the other thereby consolidating the sales into few hands only. These foreign e-commerce entities are habituated to make tall claims about helping and assisting small and medium retailers while ruthlessly destroying the very fabric of our traditional Kirana and small merchants,” CAIT secretary general Praveen Khandelwal said in a statement.
“We have reason to believe that these companies are trying to establish themselves as the second edition of East India Company to fulfill their aspirations and ulterior motives to control and dominate not only the e-commerce but the entire landscape of the retail trade of India,” he added.
Last week, the Karnataka High Court had rejected a petition by Amazon India and Walmart-owned Flipkart that sought to quash an investigation by the Competition Commission of India (CCI) into their business practices.
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