Business News
Home > Business News
Amazon trying to illegally enter India's physical retail market via Future deal: CAIT to NCLAT
TIWN
TIWN
PHOTO : TIWN
New Delhi, April 2 (TIWN) E-commerce giant Amazon is trying to illegally enter India's physical retail market via its deal with the Future Group companies, the Confederation of All India Traders (CAIT) said in its appeal to NCLAT.
The case pertains to an appeal against the CCI order which had kept the earlier approval given for the Amazon-Future Group deal in abeyance.
"CAIT believes that in view of the fraud played by Amazon, the CCI ought to have revoked the order and not kept it in abeyance," the confederation said.
Add your Comment
Comments (0)
More Business News
- Sri Lanka green lights Elon Musk's Starlink satellite service
- Startups in India raise over $97 million in election result week
- Space infrastructure, geo-intelligence vital for national security: Experts
- Investors gain Rs 28 lakh crore in just 3 trading sessions as PM Modi set to begin 3rd term
- India embarks on clean energy journey amid billions of dollars investments opportunity