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Amazon seeks to pause antitrust review of 2019 deal with India's Future Group: Report

Amazon seeks to pause antitrust review of 2019 deal with India's Future Group: Report

India Today
Thursday, November 25, 2021 11:04:51 AM UTC

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.

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.

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