CCI Action Against Amazon Over Alleged Non-Disclosure in FCPL Transaction Set Aside in Amazon-Future Deal: Supreme Court

The Supreme Court of India delivered a major judgment in favour of Amazon.com NV Investment Holdings LLC in the long-running dispute related to its investment in Future Coupons Private Limited. The Court held that Amazon had properly disclosed the structure of the transaction before the Competition Commission of India and ruled that the regulator had exceeded its powers by keeping the earlier approval in abeyance and directing a fresh filing.…