CAIT urges government to ban Amazon's e-commerce portal
The Confederation of All India Traders has urged the government to suspend Amazon India’s e-commerce portal for several violations in the country.
CAIT in its letter to the government cited the order passed by the Competition Commission of India against Amazon for suppression of information in its deal with Future Group in 2019.
The CCI had imposed a penalty of Rs 202 crore ($26.5 million) on Amazon and suspended its approval for its deal with Future Coupons.
Praveen Khandelwal, general secretary CAIT in a statement said, “CCI order for imposing 202 crore penalty on Amazon exposes fraudulent and mischievous attempts by it to control e-commerce and retail trade. No more evidence needed after CCI order.
“The violations by Amazon has caused collateral damage to traders as more than two lakh shops have been closed due to vicious tripartite nexus comprising Amazon, brand owing companies, and various banks including government banks,” he added.
CAIT had earlier made a similar appeal to the central government and asked it to ban Chinese e-commerce business Shopee from operating in India through its SPPIN India Pvt Ltd entity.
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