Thursday, July 22, 2021

Reliance vs Amazon: CCI's 'bad news' for Amazon is 'good news' for Future Retail

CCI has accused Amazon.com Inc of concealing facts and making false submissions when it sought approval for a 2019 investment in a Future Group unit, a letter to the U.S. e-commerce giant seen by Reuters showed. The letter complicates Amazon's bitter legal battle with Future Group over the Indian's firm's decision to sell its retail assets to Reliance Industries.

from Gadgets Now https://ift.tt/2UB4ymQ

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