You are here: Home » Companies » News
Business Standard

SC to hear Amazon plea against HC direction to CCI on show cause notice

The Supreme Court agreed to hear a plea by Amazon against Delhi HC's order directing Competition Commission of India to take a decision with respect to show cause notice issued by it to Amazon

Topics
Amazon | Delhi High Court | Competition Commission of India CCI

IANS  |  New Delhi 

Amazon

The Supreme Court on Thursday agreed to hear a plea by against Delhi High Court's order directing Competition Commission of India to take a decision with respect to show cause notice issued by it to

Counsel for mentioned the matter for urgent listing before a bench headed by Chief Justice N.V. Ramana.

The bench, also comprising Justices A.S. Bopanna and Hima Kohli, told the counsel that 'it cannot give a date for hearing either today (November 25) or tomorrow (November 26)'. However, the counsel insisted that there is an urgency in the matter. He submitted that they told the CCI on Wednesday about the matter, but the CCI said they were constrained by the order, which gave two weeks till November 29.

The counsel requested the bench that the matter was showing on Monday in the top court for hearing, and it should not be deleted.

The bench told the counsel, "You can't get relief from here. You go to the high court and seek review of the order. Why don't you go before the high court..." The counsel submitted, 'let it come on Monday'. After a brief hearing, the bench agreed to take up the matter on Monday.

In June, the CCI had accused Amazon of concealing facts and making false submissions when it sought approval for the $200 million investment into a Future unit in 2019. Both -- Amazon and Future Retail -- have locked horns in a legal battle.

On November 16, the directed CCI to rule on revoking its approval to the Amazon-Future Coupons deal within two weeks, the Confederation of All India Traders (CAIT) said in a statement.

CAIT had filed a plea against CCI saying that the competition regulator had issued a show cause notice to Amazon in June, but no decision has been taken so far.

According to CAIT, the CCI counsel informed the high court that it is contemplating to call Amazon on January 4, for a hearing after which the matter will be decided.

CAIT through its representation to CCI had demanded annulment of its approval that was granted to Amazon on the basis of their misrepresentation about actual transaction.

--IANS

ss/dpb

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, November 25 2021. 13:55 IST
RECOMMENDED FOR YOU
.