CCI reportedly accuses Amazon of hiding facts during deal with Future Group unit
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The Competition Commission of India has accused e-commerce major Amazon of hiding factual aspects and making false submissions about its investment in Kishore Biyani’s Future Retail when it sought the watchdog’s approval for the deal in 2019, Reuters reported. The antitrust watchdog sent a letter to Amazon on June 4 noting that “the representations and conduct of Amazon before the Commission amounts to misrepresentation"