Amazon slid nearly 2% in morning trading as India suspended its 2019 deal with Future Group

Tiger Newspress2021-12-17

Amazon slid nearly 2% in morning trading as India suspended its 2019 deal with Future Group.India's antitrust body on Friday suspended Amazon.com's 2019 deal with Future Group following a review of allegations that the U.S. e-commerce giant had concealed information while seeking regulatory approval.

The unprecedented step taken by the Competition Commission of India (CCI) could have far-reaching consequences on Amazon's legal battles with now estranged partner Future. The U.S. firm has for months successfully used the terms of its toehold $200 million investment in 2019 to block Future's attempt to sell retail assets to Reliance Industries for $3.4 billion.

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精彩评论

QSL
2021-12-20
QSL
Sad
Jazim
2021-12-19
Jazim
Okay
- QSL:
  ok
littlekitten
2021-12-19
littlekitten
.
betka
2021-12-19
betka
Interesting
betka
2021-12-19
betka
Should i Sell Amazon stock?
- MIe:
  Amazon stable upside
Jeriari
2021-12-18
Jeriari
Lucky I sold Amazon last week
- the_mark:
  nothing is spared

发表看法

883

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