Supreme Court scraps CCI's ₹202 crore penalty on Amazon in Future Coupons deal

Apex court set aside the Competition Commission's ₹202 crore fine on Amazon over disclosure lapses in its 2019 ₹1,431 crore acquisition of a 49% stake in Future Coupons, and directed a refund with 6% interest within eight weeks.

— Source publishedWed, 27 May, 2026, 12:26 IST·First seen Wed, 27 May, 2026, 12:29 IST·Source Mint · Companies

What happened

Supreme Court set aside CCI's ₹202 crore penalty on Amazon over disclosure lapses in its 2019 ₹1,431 crore acquisition of 49% in Future Coupons, ordering refund

Key facts

  • ₹202 crore penalty
  • ₹200 crore
  • ₹2 crore
  • 49% stake
  • ₹1,431 crore
  • 9.82% stake
  • ₹24,713 crore
  • 6% interest
  • 8 weeks

Why this matters

The ruling raises the evidentiary bar for CCI to penalize combination disclosures, giving acquirers more room to navigate complex Indian deal structures without disproportionate fines.