CCI issues notice to Amazon; seeks explanation on FCL deal submissions made in 2019

NEW DELHI: Competition Commission has issued a show cause notice to Amazon seeking an explanation from the e-commerce major regarding a deal with a Future Group firm that was approved by the watchdog in 2019, according to sources.
The notice has been issued following a complaint filed by Future Group, which is locked in a bitter legal battle with Amazon over the former’s proposed Rs 24,713 crore deal with Reliance Industries.
“We are in receipt of a show-cause notice from the CCI based on the complaint filed by Future as a part of an ongoing dispute. We are committed to comply with the laws of India and will extend full cooperation to the CCI on this matter,” an Amazon spokesperson said on Thursday.
The spokesperson exuded confidence that the company will be able to address the CCI’s concerns.
“However, as our dispute with Future is pending litigation, and we are also bound by…

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