Competition Commission of India to meet Amazon, Future Coupons on Jan 4

The Competition Commission of India (CCI) will meet Amazon and Future Coupons Pvt Ltd (FCPL) in January next year in connection with the approval given by the fair trade watchdog to the e-commerce major’s investment in FCPL, a regulatory filing said on Monday.

Independent directors of Future Retail Ltd have approached the CCI to seek revocation of the nod given to the US giant’s 2019 investments into FCPL, Future Retail Ltd’s (FRL) promoter group entity.

In a regulatory filing on Monday, FRL said FCPL had informed the company of receipt of CCI’s communication.