Amazon.com Inc has filed a legal challenge at an Indian tribunal against the national antitrust agency's supension of a 2019 deal it had with Indian retailer Future Group, two sources with direct knowledge told Reuters on Sunday.
Register now for FREE unlimited access to Reuters.comAmazon has long argued that Future violated the terms of its 2019 deal in deciding to sell retail assets to market leader Reliance Industries
, and the U.S. company's position had so far been backed by the Singapore arbitrator and Indian courts. Future denies any wrongdoing. But the Competition Commission of India last month suspended that deal saying Amazon suppressed information while seeking clearances for the deal back then. Amazon filed an appeal against CCI's decision at India's National Company Law Appellate Tribunal late on Saturday night, the two sources said.Amazon did not immediately respond to a request for comment. The CCI also did not respond.Reporting by Aditya Kalra in New Delhi; Editing by Ana Nicolaci da CostaSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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