Lucknow: Uttar Pradesh Adarsh Vyapar Mandal State President and Confederation of All India Traders (CAT) State Chairman Sanjay Gupta expressed concern over the nexus between e-commerce companies and banks, calling it a well-planned conspiracy to destroy the business of traditional traders and said that this nexus between e-commerce companies and banks is violating the Competition Act, under which any agreement between enterprises or individuals that harms competition is considered criminal. Trader leader Sanjay Gupta expressed deep concern over the collusion of banks with e-commerce companies like Amazon and Flipkart. He…
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