Amazon-Future Deal: CCI says it will pass an order in due course

Amazon-Future Deal: CCI says it will pass an order in due course

26 November 2021, Mumbai:

The Competition Commission of India (CCI) said it will pass its order in "due course" in a dispute between Amazon and Future Coupons (FCPL) even as the US company declined to provide its written response or make oral submissions.

CCI Videos | Page 2 | Competition Commission of India,Government of India

Amazon told CCI it had challenged in the Supreme Court a Delhi High Court order asking the CCI to expedite the eight-month long case and requested the competition watchdog to wait for the Supreme Court's verdict before proceeding with the case, according to a latest CCI notice.

Supreme Court Bar Association, India - Home | Facebook

Amazon had asked the CCI for deferment of a hearing scheduled for Thursday morning in an application filed by the FCPL seeking the competition watchdog to review its 2019 approval for Amazon's investment into FCPL, the promoter company that owns about 10% of Kishore Biyani-led Future Retail (FRL).

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

Emergency Arbitration Award Enforceable In Indian Law : Supreme Court Rules  In Favour Of Amazon In Case Against Future Retail [Updated With Judgment]


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