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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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评论60

  • QSL
    ·2021-12-20
    Sad
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  • Jazim
    ·2021-12-19
    Okay
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    收起
    • QSL
      ok
      2021-12-20
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  • littlekitten
    ·2021-12-19
    .
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  • betka
    ·2021-12-19
    Interesting
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  • betka
    ·2021-12-19
    Should i Sell Amazon stock?
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    • MIe
      Amazon stable upside
      2021-12-19
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  • Jeriari
    ·2021-12-18
    Lucky I sold Amazon last week 
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    • the_mark
      nothing is spared
      2021-12-18
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  • Jfamily
    ·2021-12-18
    Indian bureuacracy always wins, no matter how good Amazon’s lawyers are.
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  • PC21
    ·2021-12-18
    Small bump
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    • PC21
      opportunities abound
      2021-12-18
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  • burstthepulp
    ·2021-12-18
    buy at dip? [Cool] 
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  • bluefun
    ·2021-12-18
    Drop more pls 
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  • TinPLJ
    ·2021-12-18
    Wow 
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    收起
    • 天财寻者
      [smile]
      2021-12-19
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    • huat168
      🤔😅
      2021-12-18
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  • SGboy
    ·2021-12-18
    The market start to adjust itself, after the announcement of tapering.
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  • Kitsonlin
    ·2021-12-18
    Morning
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  • Dodobird31
    ·2021-12-18
    Timely 
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  • SPOT_ON
    ·2021-12-18
    AMAZON IS SUPER OVERVALUED ALREADY 
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    • SPOT_ON
      👍 👍 👍 👍 👍
      2021-12-19
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    • qiqi2
      K
      2021-12-18
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    • SPOT_ON
      👍 👍 👍 👍 👍 👍 👍
      2021-12-18
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  • andrewshum
    ·2021-12-18
    Like
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    • Bodoh
      Ok
      2021-12-18
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  • njkk
    ·2021-12-18
    Pls like
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    • Stingers
      ok
      2021-12-18
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  • hotwheels
    ·2021-12-18
    what happen? 
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    • Jason1989
      Not surr too
      2021-12-18
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  • Juanlee
    ·2021-12-18
    India is  infamous for being protectionist and nationalist,  making the introduction of foreign businesses into India very problematic.  The abuse of red packets is another problem. 
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    • njkk
      pls like
      2021-12-18
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  • YTRT
    ·2021-12-18
    Thnaks 
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    • McBen17
      Hello
      2021-12-18
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