Supreme Court Sets Aside CCI's Rs 202 Crore Penalty on Amazon in Future Coupons Case
India's Supreme Court has quashed the Rs 202 crore fine imposed by the Competition Commission of India on Amazon over alleged suppression of details in its 2019 Future Coupons investment. The court ordered a refund within 8 weeks with 6% interest, removing a key overhang from the long-running Amazon-Future-Reliance Retail dispute.
Supreme Court set aside CCI's Rs 202 crore penalty on Amazon over alleged suppression of details in its 2019 Future Coupons investment, ordering refund within 8 weeks with 6% interest. Deal was central to Amazon-Future-Reliance Retail dispute.