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CAIT to appeal against order staying probe on Amazon, Flipkart
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SME Times News Bureau | 14 Feb, 2020
The Confederation of All India
Traders (CAIT) has said it will file an appeal against Karnataka High
Court's stay order on Competition Commission of India's (CCI)
investigation against Amazon and Flipkart.
In a statement the
traders' body said that the court has stayed the order for investigation
passed by the CCI on the ground that the ED has already initiated
investigation into Flipkart and Amazon's activities that are alleged to
be in contravention of the FDI policy and so, CAIT would now urge the
government and the ED to fastrack the probe.
"Both CAIT and Delhi
Vyapar Mahasangh has decided to file an appeal against the order of the
High Court very soon and both are consulting their respective lawyers.
Meanwhile, the CAIT will push with the Union government to speed up the
ED investigation. In this context a CAIT delegation will soon meet
Commerce Minister Piyush Goyal and Finance Minister Nirmala Sitharaman,"
it said.
CAIT Secretary General Praveen Khandelwal termed the interim stay as "unfortunate and unexpected".
Khandelwal told IANS that the CAIT is having a discussion with its lawyers over the future legal course.
"However,
the court did acknowledge that the Enforcement Directorate should
continue it's probe against these companies for FDI Violations. The CAIT
will now push the government to expedite the ED probe to expose the
malpractices of these companies and will also file an appeal very soon
in the matter," it added.
As the High Court on Friday directed a
stay on the probe, it has also asked all the respondents in the matter
including CCI, Confederation of All India Traders (CAIT), Delhi Vyapar
Mahasangh and Flipkart to file their responses within eight weeks.
Amazon
had on Monday filed a writ petition in the Karnataka High Court seeking
stay on the CCI probe order into its alleged violations of the
competition laws. The anti-trust body had in January had ordered an
enquiry into the operations of both Amazon and Flipkart on multiple
counts, including deep discounts and exclusive tie-ups with preferred
sellers.
In its plea, Amazon had sought "quashing and setting
aside" of the CCI's probe order dated January 13, 2020, claiming that
the fair competition watchdog passed orders against the company without
applying mind and caused serious loss to its reputation.
In its
order, the CCI had said that it needs to be investigated whether the
alleged exclusive arrangements, deep discounting and preferential
listing by Amazon and Flipkart are being used as an exclusionary tactic
to foreclose competition.
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