Amazon seeks to pause CCI 2019 review for FRL deal

Amazon seeks to pause CCI 2019 review for FRL deal

25 November 2021, Mumbai:

E-commerce giant Amazon has approached the Supreme Court seeking a pause on the Competition Commission of India's review of its investment in Future Retail (FRL). The US giant is currently in a legal dispute with FRL. More on today's top headlines.

Competition Commission of India (CCI): Objectives and Roles

Amazon seeks to pause antitrust review of 2019 deal with India's Future

Amazon.com Inc has asked India's Supreme Court to pause an expedited review of allegations that the U.S. firm concealed information while seeking antitrust clearance for a 2019 deal with India's Future Group, legal papers seen by Reuters showed.

Business Standard

(The news article has not been edited by DFU Publications staff)

Delhi High Court Issues Notice On Amazon's Plea Against FRL - Reliance Rs.  25000 Cr Stake Sale

 

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

 

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

 

Return to homepage

Author’s Posts