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Competition Commission of India suspends Amazon's deal with Future Group

Competition Commission of India suspends Amazon's deal with Future Group

BusinessToday.In
BusinessToday.In
  • New Delhi,
  • Dec 20, 2021,
  • Updated Dec 20, 2021, 12:37 PM IST

A big blow to Amazon’s India dreams and a possible big boost to Mukesh Ambani’s plans to be crowned India’s retail king. The Competition Commission of India on Friday penalised Amazon 200 crore rupees and suspended its deal with a Future Group company. Amazon says it is studying and order and is likely to approach the apex court.

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