New Delhi: The Competition Commission of India (CCI) on Friday slapped Rs 202 crore penalty on Amazon for providing false information and suppressing material particulars in the deal to acquire a stake in Future Coupons Private Ltd (FPCL). The competition watchdog has also suspended the deal. In 2019, the US-headquartered e-commerce giant Amazon announced the […]
According to the NRAI, the anti-competitives actions of the aggregators include bundling of services, data masking, exorbitant commission charges, price parity agreements and deep discounting.
Both Ambuja Cement and ACC said in regulatory filings that the CCI has initiated an investigation against cement companies in India, including Ambuja Cements and ACC Ltd.