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Competition Commission gives a go ahead to Amazon to acquire 49 percent in Future Group-owned Future Coupons

Photo by: Tech2

The fair trade regulator, the Competition Commission of India (CCI) has given a go-ahead to Amazon.com NV Investment Holdings LLC to acquire 49 percent in Future Coupons (Private) Limited. Future Coupons is a subsidiary of Future Group, which owns 7.3 percent of Future Retail (owner of Big Bazaar brand), and through the deal, Amazon will own 3.58 percent stake in the brick-and-mortar retailer. The...

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