India's antitrust regulator accuses Amazon of concealing facts when it sought approval for a 2019 investment in a Future Group unit, according to a June letter
India's antitrust regulator has accused Amazon.com Inc (AMZN.O) of concealing facts and making false submissions when it sought approval …
As reported today, the CCI letter compared three sets of submissions Amazon made to it in 2019 with submissions made later to other legal forums, saying they were “contradictory.” Story with details of the CCI's four-page letter is here: https://www.reuters.com/...
Story: Amazon says confident of addressing concerns. The CCI letter states “the representations and conduct of Amazon before the Commission amounts to misrepresentation, making false statement and suppression or/and concealment of material facts” https://www.reuters.com/...
Reuters Story: India's antitrust body accuses Amazon of concealing facts, making false submissions when it sought approval for a 2019 deal with Future, a letter shows. Amazon hid factual aspects by not revealing its strategic interest in Future Retail https://www.reuters.com/...