Amazon Sues Enforcement Directorate, Seeks Dropping Of Future Deal Probe
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Amazon.com Inc is taking ED to court, seeking to quash an investigation into one of its 2019 deals
Amazon.com Inc is taking Enforcement Directorate (ED) to court, seeking to quash an investigation into one of its 2019 deals, a court filing seen by Reuters shows.
ED has for months been probing Amazon's $200 million investment in Future Group for suspected violations of foreign investment laws.
The investment is at the centre of protracted legal battles, as Amazon has used the terms of that deal - and cited contract breaches by Future - to stall the $3.4 billion sale of the Indian company's retail assets to a rival.
In an 816-page filing, seen by Reuters, Amazon calls the investigation a "fishing and roving" inquiry, saying the ED had sought privileged legal advice and opinions from Amazon and other information not connected to the Future Group deal.
