The Independent Directors of Future Retail Ltd (FRL) have filed a second letter to the Competition Commission of India (CCI), this time with evidence. FRL’s board of directors submitted fresh documents in a letter to the country’s antitrust authority, claiming that Amazon always intended to invest in FRL but couldn’t because of FDI limitations on retail firms. According to the email, the limitations imposed by the 2018 Press Note 2 notification prevented e-commerce players from exercising ownership or control over … Continue reading Future Retail discloses Amazon’s internal emails show it misled CCI, seeks cancellation of FCPL deal