FDI violation: SC gives 2 more weeks to CCI to decide Future-Amazon case

The Supreme Court on Monday extended by two weeks the deadline for the Competition Commission of India (CCI) to decide on the Confederation of All India Traders’ (CAIT’s) plea seeking revocation of approval granted to the Amazon-Future Group deal in 2019. It also gave liberty to Amazon to raise objections before the CCI.

Earlier, on November 16, the Delhi High Court had directed CCI to decide in the matter within two weeks instead of January 4, the earlier scheduled date of hearing. The CAIT had moved the HC demanding the annulment of CCI’s approval that was granted to Amazon in 2019 and wanted protection of its 6,000 traders who had supplied goods worth `10,000 crore to the Future Group.