A statutory authority with the mandate to regulate markets cannot question the pleadings of a party before a Court, Amazon argued before the National Company Law Appellate Tribunal (NCLAT) on Wednesday. The US e-commerce giant made this argument related to the Competition Commission of India's (CCI) show-cause notice issued to it in June last year. In its notice, the regulator had pointed to contradictory statements by Amazon before the CCI and the arbitral tribunal as well as courts on several issues.
“Such an exercise of authority is neither recognized nor desirable. Argument supported by the fact that after the CCI