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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.
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.In an order issued on Friday, the CCI said that Amazon ...
New Delhi, December 17 In a significant development, the Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon’s deal to acquire stake in Futu
Amazon claimed that its investment in FCL was compliant with foreign investment laws, and scrapping the deal will be anti-competitive.
CAIT has said that Amazon made mockery of the Competition Act and misled the CCI to get approval for Future Coupons deal