Demand ban on Amazon, Flipkart: Businessmen across the country demonstrated on the demand for a ban on e-commerce company Amazon, Flipkart.
New Delhi: Merchant organizations on Wednesday staged sit-ins in more than 700 cities of the country against leading e-commerce companies like Amazon and Flipkart. On the call of the Federation of Traders Confederation of All India Traders (CAT), traders celebrated the ‘National Protest Day’ and protested against unfair trade practices being adopted by Amazon and Flipkart.
Kat said that Amazon and Flipkart have ‘corrupted’ the e-commerce market with their unethical business practices. These companies are openly violating the Foreign Direct Investment (FDI) policy of the government. According to CAT, the protesters have demanded the government to ban e-commerce portals Amazon and Flipkart.
CAT general secretary Praveen Khandelwal said that merchants have no objection to Amazon and Flipkart doing business in India but like merchants, these e-commerce companies will also have to follow the government’s FDI policy and other laws to ensure equal competition in the market. Remain.
CAT has demanded that the operations should be discontinued until these companies fully complete their portals in line with the country’s FDI policy and other laws.
CAT has also demanded from the government that the business models, accounts and foreign investment received from these companies should be examined. CAT has also demanded that it should be ascertained which business model in which these companies are continuously giving discounts to customers despite incurring losses of crores of rupees every year.