Supreme Court stays CCI order for ₹202-cr penalty recoup from Amazon

New Delhi: The Supreme Court on Monday stayed the Competition Commission of India’s April 25 order for ₹202 crore penalty recovery imposed on Amazon for its 2019 purchase of a 49% stake in a Future Group entity.

While Amazon wanted stay on the recovery proceedings, Additional Solicitor General N Venkataraman, appearing for the Competition Commission told the apex court that the officers concerned had been advised appropriately about the pendency of the matter before the SC.