News > ‘Amazon Committed Fraud’: CCI Defends Order Suspending Future Deal
‘Amazon Committed Fraud’: CCI Defends Order Suspending Future Deal
CNBC TV18 | 21/03/2022 03:24 PM | Click to read full article
The Competition Commission of India on Monday defended its order suspending approval for Amazon's investments in Future Coupons in 2019 and maintained that the e-commerce giant indulged in misrepresentation to secure approval for the deal.
"Amazon committed an act of fraud on CCI", the competition regulator told the National Company Law Appellate Tribunal (NCLAT).