Accused of giving wrong information on Amazon
Earlier on November 16, the Delhi High Court had directed the CCI to set aside the approval given to the US company in the Amazon Futures coupon deal case. The CCI was given two weeks for this. Earlier, CAIT had also filed a PIL against CCI, stating that it had issued a show cause notice to Amazon in June itself, but has not given any decision on the same.
The independent directors of Future Retail Ltd had also filed a petition with the CCI sometime back. Under this, a request was made by Amazon to cancel the approval given for investment in future coupons in 2019. He had accused Amazon of giving false information while seeking approval from the CCI.
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