A day after the Karnataka High Court judgement dismissing the petition of Amazon & Flipkart, the Confederation of All India Traders (CAIT) on Saturday sent a communication to Union Commerce Minister Piyush Goyal urging him to direct the .
The CAIT has also urged Goyal to immediately issue a fresh Press Note replacing Press Note 2 of the FDI policy with a Monitoring mechanism to ensure that law of the land prevails and no one should dare to violate the policy, law or the rules. The CAIT has also proposed that to bring greater transparency in e-commerce business, every company indulging into any e-commerce activity through any type of electronic mode should have to take a Registration Number from the DPIIT.CAIT
Read more about CAIT hails HC order, asks Goyal to direct CCI probe into Amazon, Flipkart on Business Standard. On Friday, the Karnataka High Court dismissed a petition from Amazon and Flipkart requesting a stay on India s antitrust watchdog CCI s probe into both companies alleged anti-competitive practices.
New Delhi [India], June 12 (ANI): A day after Karnataka High Court gave the decision that the Competition Commission of India (CCI) can go ahead with a probe against Amazon and Flipkart for their alleged anti-competitive practices, the Confederation of All India Traders (CAIT) on Saturday said that these e-commerce companies have destroyed traditional Kirana and small merchants.
Amazon, Flipkart destroyed traditional kirana, small merchants: CAIT freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.