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Saturday, December 18, 2021

CCI fines Amazon Rs 202 crore suspends approval for deal with Future Coupons

As regards failure to notify combination in terms of the obligation cast under Section 6(2) of the Act, Section 43A of the Act enables the Commission to impose a penalty, which may extend to 1 per cent of the total turnover or the assets, whichever is higher, of such a combination.

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