News & Media 4th Feb 2022
Amidst the Amazon-Future Coupons deal, independent directors of Future Retail wrote to CCI requesting it to revoke the approval it had given to the Amazon-Future Coupons (FCPL) deal in November 2019 alleging that the US-based e-commerce firm had not told the regulator it was investing in the business of Future Coupons to acquire strategic, material and special rights over Future Retail Ltd.
Against this backdrop, Ravisekhar Nair, Partner, Economic Laws Practice (ELP) has been quoted by moneycontrol.com in their article titled ‘Why CCI should revoke the Amazon-Future Coupons deal. Legal experts weigh in’.
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