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Amazon's bid to acquire stake in Indian retailer faces antitrust hurdle: sources

Amazon's bid to acquire stake in Indian retailer faces antitrust hurdle: sources

Saturday, November 2, 2019, 7:52 AM

India's antitrust body has sought more information from Amazon.com Inc about its planned acquisition of a stake in India's Future Retail, sources with knowledge of the matter told Reuters, which could potentially delay the deal. Amazon and Future-Retail declined to comment for the story. A source at Future-group said it had recently answered the CCI's questions related to the deal, but did not elaborate.
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