Amazon’s internal mails show it misled CCI: Future Retail ind directors

Independent directors of Future Retail Ltd have shot off another letter to the Competition Commission of India (CCI), citing internal communications of Amazon to establish its contradictory statements before courts and the anti-monopoly body and sought revocation of nod to Amazon-Future Coupons deal.

They accused Amazon of submitting “completely opposite information” which was “contradictory” to Amazon’s own internal communications regarding the US giant’s 2019 investments into FRL’s promoter company.

The letter, a copy of which has been reviewed by PTI, also says that the US giant was initially planning to pump money into FRL through a proposed foreign portfolio investment.