{"id":243543,"date":"2021-12-19T14:27:57","date_gmt":"2021-12-19T14:27:57","guid":{"rendered":"http:\/\/151.106.38.4\/2021\/12\/19\/cait-urges-centre-to-suspend-amazon-s-e-commerce-portal-immediately\/"},"modified":"2021-12-19T14:27:57","modified_gmt":"2021-12-19T14:27:57","slug":"cait-urges-centre-to-suspend-amazon-s-e-commerce-portal-immediately","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2021\/12\/19\/cait-urges-centre-to-suspend-amazon-s-e-commerce-portal-immediately\/","title":{"rendered":"CAIT urges Centre to suspend Amazon\u2019s e-commerce portal immediately"},"content":{"rendered":"<p><img src=\/old_site\/http:\/\/new.nagalandpost.com\/cms\/gall_content\/no_images_650x.jpg><\/p>\n<p>Confederation of All India Traders on Sunday urged the Centre to take immediate action against e-commerce giant Amazon by asking it to suspend its e-commerce portal.<\/p>\n<p>The traders&rsquo; body&rsquo;s letter to the Centre comes just two days after the Competition Commission of India (CCI) imposed a penalty of Rs 202 crore on Amazon and suspended its approval for its deal with Future Coupons. &ldquo;Since this act (by Amazon) violates FEMA and FDI policy, the Enforcement Directorate has nothing more to do &#8211; the evidence is right before it in the form of CCI order, therefore the ED should take immediate action against Amazon,&rdquo; it said in the letter. &ldquo;The order of the regulator CCI is more than enough for the government to act.&rdquo; The CAIT added that violations by Amazon has caused collateral damage to traders as more than two lakh shops, majorly of mobile trade, have been closed due to &ldquo;vicious tripartite nexus comprising Amazon, brand owing companies and various banks including government banks&rdquo;. &ldquo;CCI order for imposing 202 crore penalty on Amazon exposes fraudulent and mischievous attempts by it to control e-commerce and retail trade. No more evidence needed after CCI order,&rdquo; CAIT General Secretary Praveen Khandelwal said in a tweet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CAIT urges Centre to suspend Amazon\u2019s e-commerce portal immediately<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[667],"tags":[],"class_list":["post-243543","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/243543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=243543"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/243543\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=243543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=243543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=243543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}