Amazon seeks to pause antitrust review of 2019 deal with India's Future, documents show
Information about Amazon seeks to pause antitrust review of 2019 deal with India's Future, documents show
Kevin David Scam or Legit
By Aditya Kalra
NEW DELHI (Reuters) – Amazon.com Inc has asked India’s Supreme Court to pause an expedited review of allegations that the U.S. firm concealed information while seeking antitrust clearance for a 2019 deal with India’s Future Group, legal papers seen by Reuters showed.
The Competition Commission of India (CCI) in June accused Amazon of concealing facts and making false submissions when it sought approval for the $200 million investment into a Future unit in 2019, a deal that is now at the heart of protracted legal disputes between the two sides.
Amazon told Reuters at the time that it was confident of addressing the watchdog’s concerns.
The Supreme Court approach by Amazon comes as the CCI on Wednesday held a closed-door hearing where the U.S. firm’s lawyers declined …