Bigger India
Traders And Retailers Protest Against Walmart-Flipkart Deal
Organised by the Confederation of All India Traders (CAIT), the protest is aimed at the Competition Commission of India (CCI) to reject Walmart’s proposal to pick up a 77% stake in Flipkart.
Several traders and retailers have taken to the streets across 500 cities to protest against US retail giant Walmart’s potential acquisition of online retailer Flipkart, raising concerns about losing business if the deal concludes.