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CAIT urges commerce Minister to ban Amazon in India after CCI’s suspension of Its 2019 Deal

In a fresh development to the Amazon-Future Retail brawl, traders’ body CAIT has written to the commerce minister Piyush Goyal asking for suspension of Amazon operation in India. Earlier, CCI temporarily suspended the Amazon-Future Coupons deal from 2019, on the basis of which the company was stalling the Future Retail-Reliance Retail deal.

CAIT further accused Amazon of not revealing its strategic interest in Future Retail while seeking approval for the deal. On Sunday (December 19), the traders’ body urged the government to take immediate action against Amazon.

“Such acts of Amazon constitute as an act of cheating, criminal breach of trust, dishonest inducement, concealment and deception. Therefore, CAIT has strongly demanded the union government to take immediate action by making an order for suspension of business operations of the Amazon e-commerce portal,” it said.

It added that Amazon’s deal with Future, which now stands temporarily suspended, also violated FEMA and FDI policy thus, the Enforcement Directorate should take immediate action against Amazon as the ‘evidence is right before it in the form of CCI order’.

Calling CCI’s action a landmark judgement, CAIT secretary general Praveen Khandelwal said that the ‘vicious bid’ of Amazon to control Indian companies has been foiled by CCI.

CAIT has sought an ‘immediate audience’ in the form of cabinet ministers including defence, commerce and finance ministers and BJP president to take up its demand of suspending Amazon India operations

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