US News

Amazon seeks to pause antitrust review of 2019 deal with India’s Future, documents show

Published by
Reuters

By Aditya Kalra NEW DELHI (Reuters) – 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. The Competition Commission of India (CCI) in June accused Amazon of concealing facts and making false submissions when it sought approval for the $200 million investment into a Future unit in 2019, a deal that is now at the heart of protracted legal disputes between the two sides. Amazon told Reuters at the time th…

Read More

Facebook Comments

Check Also

Pfizer Says 3 Doses Of Its Jab Can “Neutralize” Omicron Variant

Pfizer Says 3 Doses Of Its Jab Can ...

Archives