HC asks CCI to decide in 2 weeks on Amazon case
The Hindu
CAIT filed plea on Amazon-Future row
The Delhi High Court ruled on Tuesday that the country’s antitrust body has two weeks to decide whether Amazon misled authorities while seeking approval for a 2019 deal with India’s Future Group, a group of Indian retailers said.
The Confederation of All India Traders (CAIT) said in a statement it had filed the case on Monday.
Amazon and Future, India’s second-largest retailer, have been locked in a legal battle since last year. The e-commerce firm successfully blocked Future’s bid to sell its retail assets to rival Reliance for $3.4 billion, accusing its partner of breaching pre-existing agreements.
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