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    Brief: India's Antitrust Body Says Amazon's 2019 Deal With Future To Remain In Abeyance

    Picture of Future Retail logoFuture Retail
    17/12/2021 11:54
    Dec 17 (Reuters) - COMPETITION COMMISSION OF INDIA:
    * IMPOSES PENALTY OF 2 BILLION RUPEES UPON AMAZON
    * AMAZON'S 2019 DEAL WITH FUTURE TO REMAIN IN ABEYANCE
    * ALL DISCLOSURE CONTRAVENTIONS ARISE "FROM A DELIBERATE
DESIGN"
BY AMAZON "TO SUPPRESS" SCOPE OF 2019 FUTURE DEAL
    * AMAZON FAILED TO NOTIFY CERTAIN COMMERCIAL ARRANGEMENTS AS
PART
OF 2019 FUTURE DEAL
    * AMAZON "SUPPRESSED THE ACTUAL PURPOSE AND PARTICULARS" OF
2019
FUTURE DEAL
    * COMMISSION CONSIDERS IT NECESSARY TO EXAMINE THE 2019
AMAZON-FUTURE UNIT DEAL AFRESH

Further company coverage:  AMZN.O 

 ((Reuters.Briefs@thomsonreuters.com;))

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