CCI reportedly accuses Amazon of hiding facts during deal with Future Group unit
The Competition Commission of India has accused e-commerce major Amazon of hiding factual aspects and making false submissions about its investment in Kishore Biyanis Future Retail when it sought the watchdogs approval for the deal in 2019, Reuters reported. The antitrust watchdog sent a letter to Amazon on June 4 noting that the representations and conduct of Amazon before the Commission amounts to misrepresentation, making false statement and suppression or|and concealment of material facts. Continue reading CCI reportedly accuses Amazon of hiding facts during deal with Future Group unit at Entrackr.
CCI reportedly accuses Amazon of hiding facts during deal with Future Group unit
The Competition Commission of India has accused e-commerce major Amazon of hiding factual aspects and making false submissions about its investment in Kishore Biyanis Future Retail when it sought the watchdogs approval for the deal in 2019, Reuters reported. The antitrust watchdog sent a letter to Amazon on June 4 noting that the representations and conduct of Amazon before the Commission amounts to misrepresentation, making false statement and suppression or|and concealment of material facts. Continue reading CCI reportedly accuses Amazon of hiding facts during deal with Future Group unit at Entrackr.