Amazon and Flipkart got a setback from the Supreme Court, CAIT told the important victory of the traders

Amazon and Flipkart got a setback from the Supreme Court, CAIT told the important victory of the traders

Traders’ organization CAIT welcomed the Supreme Court’s decision. Today the Supreme Court dismissed the petition of Amazon and Flipkart seeking a stay on the investigation by the CCI.

CAIT has welcomed the Supreme Court’s decision in the CCI probe case.

The Supreme Court today refused to entertain a plea by Amazon and Flipkart challenging the CCI’s preliminary inquiry into competition law violations. After the court’s decision, CAIT National President BC Bhartia and National General Secretary Praveen Khandelwal welcomed the Supreme Court’s decision. He said that we also express our gratitude to the Union Commerce Minister Piyush Goyal, who has many times clarified the stand of the Central Government that violation of law will not be allowed in India.

He said that today is a very important and happy day for the business community of the country. It is the result of our relentless struggle of over 2 years by the Supreme Court against the malpractices in e-commerce business of Amazon and Flipkart and against the law and rules of the land and the merchants of India to ensure free, fair and neutral e-commerce environment in the country. are fully committed to.

CCI will now openly investigate Amazon and Flipkart

Bhartia and Khandelwal said that with the apex court dismissing the petitions of both Amazon and Flipkart, it has now paved the way for the CCI to examine the business modules of both Amazon and Flipkart, despite the fact that the Supreme Court has ruled both. E-commerce companies have been given 4 weeks to file response to the questionnaire sent by CCI. The questionnaire does not come in the way of any investigation, that is our opinion.

There will be a ban on doing business in the desired way

Bhartia and Khandelwal urged the Union Commerce and Consumer Affairs Minister Piyush Goyal to immediately implement the e-commerce rules under the Consumer Protection Act so that any e-commerce companies, whether foreign MNCs or indigenous e-commerce companies, can They should also not get any chance to manipulate or establish their dominance in the e-commerce business.

ED should also issue notice to Amazon

He has also urged the Union Finance Minister Nirmala Sitharaman to direct the Enforcement Directorate to give notice to Amazon on the lines of Flipkart as similar complaints have been made against Amazon and Flipkart. The CAIT complaint against Amazon is already pending with the Enforcement Directorate.

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