Mergers & Acquisitions Mergers & Acquisitions

Amazon fined in India for concealing information ahead of 2019 Future Coupons deal

By Freny Patel
  • 19 Dec 2021 22:56
  • 19 Dec 2021 22:56
Amazon has been fined 2.02 billion rupees ($26.56 million) and could see its 2019 acquisition of a 49 percent stake in Future Coupons unwound after the Indian antitrust enforcer ruled the online marketplace had concealed information when it sought merger clearance.
In a landmark decision, the Competition Commission of India,

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

Discover MLex

Stay on top of global regulatory developments

Latest News