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The Economic Times
The Economic Times

SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penalty

Amazon CCI Future Competition Commission of India NCLAT the National Company Law Appellate Tribunal the Supreme Court United States e-commerce FCPL

In a relief to Amazon, the Supreme Court on Wednesday set aside an order that had imposed a Rs 202 crore penalty on the US e-commerce giant and suspended its deal with Future Coupons Pvt Ltd.

The apex court allowed the appeal filed by Amazon.com NV Investment Holdings LLC, a direct subsidiary of Amazon.com Inc, challenging a June 13, 2022 order of the National Company Law Appellate Tribunal (NCLAT).

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