The Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related to Amazon's 2019 investment in Future Coupons. The CCI had alleged that Amazon suppressed information during the approval process. This development follows a mutual settlement between Amazon and Future Group, leading to the withdrawal of all legal proceedings.

The Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related to Amazon's 2019 investment in Future…

The Supreme Court on Wednesday set aside the NCLAT's June 2022 order which had rejected US e-commerce giant Amazon's appeal against an anti-trust suspension of its investment deal…