Supreme Court allows Amazon plea, sets aside NCLAT order in Future Group case
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 with Future Group.
A bench of Justices Vikram Nath and Sandeep Mehta also set aside the Competition Commission of India’s (CCI) December 17, 2021 order which had levied a Rs 202 crore penalty on Amazon and suspended its deal with Future.
