Tagged “combination-approval”

Amazon.com NV Investment Holdings v. CCI (2026): Section 45(2) is a penal adjunct, not a power to review a combination approval

The Supreme Court set aside the CCI's order keeping its 2019 approval of the Amazon–Future Coupons deal in abeyance and its ₹202-crore penalty. It held that Section 45(2) of the Competition Act — a penalty provision for false statements or omissions — cannot be read as a freestanding power to nullify, suspend, or re-open a concluded approval granted under Section 31(1).