The Indian antitrust watchdog on Wednesday approved Amazon’s proposed acquisition of estranged partner Catamaran Ventures’ stake in Prione, which operates one of the largest sellers on the e-commerce platform, providing the American giant with the pathway to continue to operate Cloudtail in the world’s second largest internet market. Amazon proposed the acquisition late last year,…Continue Reading

India’s antitrust body halts Amazon’s 2019 deal with retailer Future

India’s antitrust agency on Friday suspended Amazon.com`s 2019 deal with Future Group, potentially denting the US company`s attempts to block the sale of Future`s retail assets to an Indian peer. The regulator ruled that the US e-commerce group had suppressed information while seeking regulatory approval on an investment into Indian retailer Future Group two years ago. The…Continue Reading