CAIT voices concerns over alleged circumvention of rules by Amazon, Flipkart

Praveen Khandelwal, Secretary General, Confederation of All India Traders (CAIT), has voiced concerns over the alleged circumvention of rules and unethical practices by foreign e-commerce giants like Amazon and Flipkart in their bid to dominate the Indian market.

Reacting to a recent media report suggesting irregularities in the Competition Commission of India's probe into these companies' dealings with mobile manufacturers, Khandelwal emphasised the detrimental impact of this alleged collusion on the country's interests.

Highlighting a pattern of disregard for regulations, Khandelwal underscored the purported collaboration between e-commerce giants and mobile companies, which, he argues, poses a threat to the livelihoods of small traders and undermines broader economic interests. Earlier this year, CAIT had urged the CCI to address anti-competitive practices in the case involving Amazon and Flipkart, stressing the urgent need to safeguard the interests of retailers and their families.

In a letter to the CCI, CAIT urged the regulator to prioritise the investigation and impose penalties on Amazon and Flipkart to halt their alleged illegal activities. The traders' body accused the foreign entities of monopolising mobile phone sales through exclusive launches, thereby harming fair competition in the market.

Khandelwal emphasised the necessity of swift action against these companies and pledged to advocate for the issue's resolution if elected as an MP after the general elections. The allegations underscore growing concerns about the practices of foreign e-commerce players and the need for stringent regulatory measures to ensure fair competition and protect the interests of domestic traders.