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Amazon may take legal action against CCI order suspending deal with Future

Anti-trust regulator has ruled the US company had suppressed information while seeking approval on an investment into Indian retailer two years ago.

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Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

Peerzada Abrar Bengaluru
Amazon may take legal action against the Competition Commission of India’s (CCI) suspension of the US e-commerce giant’s 2019 deal with Future Retail (FRL). Its legal teams plan file appealing before the National Company Law Appellate Tribunal (NCLAT) and the Delhi High Court and may approach the Supreme Court, said people familiar with the Amazon’s strategy.

The CCI on Friday suspended Amazon’s 2019 deal with Future Retail (FRL), citing the company’s alleged deliberate design to suppress information about the scope and purpose of the deal. The antitrust regulator has imposed a penalty of Rs 200 crore on Amazon to be

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