CAIT hails CCI order against Amazon, calls it a landmark step

The Competition Commission of India has fined e-commerce major Amazon for Rs 200 crores. It has also suspended its deal with retailer Future Coupons Private Limited.

India traders, who have been represented by the Confederation of All India Traders (CAIT) call this order a landmark. It says that Amazon stands fully exposed for its mal-practices, and a bunch of lies at all levels together with continued violation of laws and the rules.

Holding that its stand has been vindicated, the CAIT has now demanded that Union Commerce Minister Piyush Goyal to pass an order to suspend Amazon’s portal in India with an immediate effect.

Praveen Khandelwal, who holds the position of Secretary-General in CAIT has said that Amazon’s bid was vicious as it tried to control Indian companies. The CCI has foiled it.

“CAIT National President Mr B C Bhartia and Secretary General Khandelwal while complementing CCI for its bold order said that the order of the CCI is the first concrete result of more than two years rigorous efforts of CAIT for bringing misdeeds of Amazon into the limelight,” a press release issued by CAIT said.

It added, “At last the CAT has been belled. They said that it is an indication for not only Amazon but for other foreign-funded e-commerce companies to stop violating the law, rules and FDI policy of the Government. However, the CAIT stands committed to ensure that all e-commerce companies whether MNCs or Indian should have to follow the law.”

Khandelwal said, “We will not tolerate any further violation of laws and policies.”