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The Economic Times

SC quashes CCI’s Rs 202 crore penalty on Amazon over Future Coupons deal

Amazon CCI Future Group Future Retail India

The Supreme Court on Wednesday set aside the Competition Commission of India’s Rs 202-crore penalty imposed on Amazon in connection with its 2019 investment in Future Coupons.

Amazon had challenged the penalty imposed by the CCI over allegations that it suppressed material information and made false statements while seeking regulatory approval for the transaction.

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One subscription that gives you access to news from hundreds of sites

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