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, or CCI, suspended

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