Despite CCI intervention, traders’ body CAIT stage protests against e-commerce firms over deep discounting, other issues

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Mere a week ago when the Competition Commission of India (CCI) decided to take intiative in order to resolve the issues of the e-commerce companies with the trader’s body, the Confederation of All India Traders (CAIT), today, has announced the launch of a series of protests against ecommerce giants Amazon and Flipkart, reported Yourstory.

The long-tussle between the two groups is related to deep discounting, predatory pricing, and violation of FDI norms, among others.

Also read: Competition Commission of India takes center stage to resolve issues between e-commerce cos and traders body

Praveen Khandelwal, Secretary General of CAIT said the frontal war against ecommerce giants will begin this Wednesday and continue till January 10, 2020.

Trade leaders from 27 states had gathered at a National Traders Conference held by CAIT in Delhi, a source said.

According to the traders’ body, a “National Protest Day” is scheduled to be held on November 20, along with the dharna organised in more than 500 Indian cities and about five lakh traders are expected to take part in such protests.

While, CAIT alleged that these companies were circumventing the law and abusing Press Note No 2 of the government’s Foreign Direct Investment (FDI) policy.

Praveen further explained that the conference has chalked out a roadmap for its nationwide agitation from November 13, which will be observed as “National Awareness Campaign Day” when traders delegations across the country will submit an exhaustive memorandum to all MPs, urging them to raise the issue in Parliament.

As per the sources, the first phase of nationwide agitation will be concluded with a three-day National Traders Convention, to be held from January 6 to January 8 in New Delhi. This will be attended by leaders of about 20,000 trade associations.

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