Future Retail, which is litigating with American retail major, Amazon, has claimed that Amazon officials walked out of a Competition Commission of India (CCI) hearing in an attempt to browbeat the CCI.
In a letter to the stock exchanges, Future said it believes that the CCI will not be intimidated by Amazon's' arrogance' and that it will take action on its show cause notice against Amazon in accordance with law and regulations.
"The counsels to Amazon, in utter disregard to the norms and in utter disrespect to the Indian statutory regulatory authority, refused to argue the matter and walked out of the