SC extends stay on CCI's Amazon fine recovery

The Supreme Court extended its stay on the recovery of the 202-crore penalty imposed by the Competition Commission of India on Amazon.Com NV Holdings for its 2019 purchase of 49% stake in a Future group entity.

The Supreme Court on Monday extended its stay on the recovery of the '202-crore penalty imposed by the Competition Commission of India on Amazon.Com NV Holdings for its 2019 purchase of 49% stake in a Future group entity. The apex court said the "protection" granted to the ecommerce firm on May 8 will continue till the next hearing on September 20.

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Business News › Industry › Services › Retail › SC extends stay on CCI's Amazon fine recovery
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