NCLAT endorses CCI’s Penalty Order against Amazon: A Setback for Amazon and a Leap in Jurisprudence

Read the article “NCLAT endorses CCI’s penalty order against Amazon: A setback for Amazon and a leap in jurisprudence” authored by our Partner, Ketan Mukhija, and Associate, Devanshu Gupta published on BW Legal World.

“The quantum of penalty levied on Amazon is likely to have a deterrent impact on parties failing to comply with the requirement of disclosing all details concerning the purpose, scope, and contours of the investment deals in India. While preparing the combination notice, parties need to make full, whole, fair, forthright, and frank disclosure of relevant materials in respect of the deal to enable the CCI assess the proposed combination accurately.”

Read the full article here.

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