CCI Wrongly Kept Approval For 2019 Amazon-Future Coupons Investment In Abeyance; Supreme Court Disapproves Penalty & Reopening Of Cleared Deals

On a proper construction of Section 6(2) of the Competition Act, 2002 read with Regulations 9(4) and 9(5) of the Combination Regulations, the Supreme Court has that the requirement is to place before the CCI, in a single notice, the inter-connected steps and agreements that explain the substance of the composite arrangement, and that requirement … Continue reading CCI Wrongly Kept Approval For 2019 Amazon-Future Coupons Investment In Abeyance; Supreme Court Disapproves Penalty & Reopening Of Cleared Deals