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NCLAT on June 13 upheld the ₹200 crore penalty dealt to Amazon by the CCI and also upheld the suspension of the Amazon–Future Coupons deal.
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NCLAT on June 13 upheld the ₹200 crore penalty dealt to Amazon by the CCI and also upheld the suspension of the Amazon–Future Coupons deal.
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Read why Amazon needs a favourable ruling in either of its legal filings to stay alive in this battle.
A division bench issued the stay order, reasoning that Future Group may otherwise incur an irreparable loss.
The long-standing dispute between Future Retail and Amazon is before a tribunal that is set to call expert witnesses soon.
The Amazon-Future Coupons deal made in 2019 has since led to an intense back and forth between the two companies.