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Shares of India's Future Group companies surged about 20% on Monday after the country's antitrust agency suspended Amazon.com Inc's 2019 deal with the group, potentially making it easier for Reliance... | December 20, 2021
India’s antitrust regulator suspended Amazon’s deal with Future, allowing a deal with competitor Reliance to go ahead.
The rally came after the Competition Commission of India (CCI) last Friday suspended a 2019 deal between Amazon and Future Coupons Pvt Ltd (FCPL)
IFPL has now become a wholly-owned subsidiary of FCL Tradevest and continues to be a step-down subsidiary of Future Consumer.
Here's a round-up of all the recent updates on the Amazon vs Future Group case since the Singapore abritration tribuna's order.