Amazon, India, Merger control, Merger notification, Mergers, Minority shareholding, Misleading information
India: Amazon – Future Group Dispute: Revisiting the Standard of Disclosure in M&A Filings
Background Amazon.com Inc. recently approached the Supreme Court against the decision of the National Company Law Appellate Tribunal (NCLAT), where the Tribunal affirmed the ruling of the Competition Commission of India (CCI). The impugned decision of the Tribunal upheld the penalty order against Amazon.com, on the basis of non-disclosure and suppression of material information in…