Top Traders' Body CAIT Asks CCI To Aggressively Probe Into Ecommerce Giants
India, Sept. 13 -- Before it begins a national campaign against ecommerce majors like Amazon and Walmart-backed Flipkart scheduled from September 15, the Confederation of All India Traders (CAIT) which is the top traders' body has written to the Competition Commission of India (CCI), demanding immediate steps for aggressive investigation into the business model of both Amazon and Flipkart in reference to complaints of dominance and non-competitive business practices.
In the letter addressed to Ashok Kumar Gupta, Chairperson of the CCI, the CAIT has once again accused the ecommerce giants of "manipulating the market and slowing down the process of turning rules into law", thereby "killing the competition and violation of rules as stated i...
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