Praveen Khandelwal, general secretary of the Confederation of All India Traders (CAIT) and parliamentary candidate of the Bharatiya Janata Party, said that foreign e-commerce giants such as Amazon and Walmart-owned Flipkart are aggressively trying to dominate the Indian market. They accused the government of circumventing regulations and laws through such efforts. market. He claimed that these companies frequently engage in unethical business practices.
Mr. Khandelwal was responding to television media reports suggesting that the Competition Commission of India (CCI) had uncovered possible irregularities in its investigation into the links between e-commerce companies such as Amazon and Flipkart and mobile manufacturers. told news agency IANS: It said on Saturday that this “tie” between the e-commerce giant and mobile phone companies “undermines the country's broader interests.”
“For years, we have been highlighting the deep-seated problem of foreign e-commerce companies relentlessly pursuing the Indian market, circumventing rules and laws, often resorting to unethical business practices. ” said Khandelwal.
He stressed that this “complex web” involves collaboration between e-commerce giants and mobile companies, threatening the nation's broader interests and endangering the livelihoods of small traders. CCI has called for immediate action in the Delhi Vyapal Mahasangh case regarding anti-competitive practices of Amazon and Flipkart.
In a letter to CCI Chairman Ravneet Kaur, CAIT said the market regulator would “give this case top priority and issue a final penalty order and direction to Flipkart and Amazon to desist from their illegal activities.” The outcome of this incident will have serious consequences,'' he said. Significantly impacting the survival of hundreds of thousands of retailers and their families. ”
CAIT's letter alleges that “these foreign companies have a monopoly on mobile phone sales through exclusive launches.”
Mr. Khandelwal stressed that it is critical to take swift and decisive action against these companies at this time. “Once the general election is over and I am elected to the Diet, I will work hard to advocate for tackling this issue,'' he said.
Also read: Blinkit outperforms Zomato's food delivery business in value, says Goldman Sachs
