CAIT Urges Banning Amazon In India After CCI Suspends 2019 Deal
Traders’ body CAIT has written to the commerce minister Piyush Goyal asking for suspension of Amazon operation in India after CCI's ruling.
Source: inc42.com
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CCI suspends approval for Amazon-Future Coupons deal; slaps Rs 202 cr penalty on e-retailer
New Delhi: In a significant development, the Competition Commission on Friday suspended its more than two-year-old approval for Amazon’s deal with Future Coupons and imposed a Rs 202...
Source: udayavani.com
Competition Commission fines Amazon Rs202 crore, suspends approval for deal with Future Coupons
The Competition Commission of India (CCI) has imposed a penalty of Rs 202 crore on Amazon and suspended its approval for the e-tailer's deal with Future Coupons, seeking more information.
Source: moneylife.in
CCI fines Amazon Rs 202 crore suspends approval for deal with Future Coupons
As regards failure to notify combination in terms of the obligation cast under Section 6(2) of the Act, Section 43A of the Act enables the Commission to impose a penalty, which may extend to 1 per cent of the total turnover or the assets, whichever is higher, of such a combination.
Source: india.com
CCI fines Amazon Rs 202 crore, suspends approval for deal with Future Coupons
The Competition Commission of India (CCI) has imposed a penalty of Rs 202 crore on Amazon and suspended its approval for the e-tailer's deal with Future Coupons, seeking more information.
Source: netindian.in