#future coupons

Amazon-Future case: SC grants Amazon 2 more weeks to argue before CCI

The Supreme Court on Monday gave e-commerce giant Amazon two more weeks to appear and plead before the Competition Commission of India (CCI) which refused to postpone the hearing in a case related to revoking the approval given to the US company for the investment deal. With Future Coupons Pvt Ltd (FCPL). A judicial panel comprising Nevada Supreme Court Chief Justice Ramana and Judges Surya Kant…

‘Amazon’s statements to CCI, courts contradictory’ – Times of India

NEW DELHI: Independent directors at Big Bazaar parent — Future Retail (FRL) — have fired a fresh salvo at Amazon by alleging that the representations made by Amazon in the application to the Competition Commission of India (CCI) for approval of its Future Coupons (FCPL) transactions are “completely opposite” and contradictory to the etailer’s internal correspondences and notes submitted to the…

Amazon’s disclosures to CCI contradicted its internal communications: Future Retail independent directors

Independent directors of Future Retail in India have revealed new documents in a letter to the country’s antitrust watchdog aimed at strengthening their case against Amazon.com Inc as they seek to nullify a 2019 deal between the two companies. A 160-page stock exchange file on Sunday showed that managers reviewed records related to a 2019 deal between the group’s unit, Future Coupons, and Amazon,…