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SC extends stay on ₹202-cr fine on Amazon in Future Group case
short by Mansi Agarwal / on Friday, 22 September, 2023
The Supreme Court on Friday extended its stay on a ₹202-crore fine imposed on Amazon in the Future Group case. The fine was levied on the e-commerce firm by the Competition Commission of India (CCI) for its 2019 purchase of a 49% stake in Future Coupons. CCI had accused Amazon of failing to notify strategic interest in Future Retail.
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