India's top court narrows CCI authority in Amazon-Future Coupons deal
By Freny Patel ( May 29, 2026, 07:25 GMT | Comment) -- India’s top court has ruled that regulators cannot exceed statutory powers, nor retrospectively apply new laws, or reopen approved transactions without clear legal authority. The Supreme Court of India set the precedent in its order when it overturned the 2.02 billion rupee ($21.26 million) penalty imposed on Amazon by the Competition Commission of India on Wednesday.India’s top court has drawn a clear line between legitimate disclosure obligations and regulatory overreach under the country’s merger control regime....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.