CCI seeks info on Samara-Amazon's More acquisition: Report
The Competition Commission of India has reportedly sought a response from Samara Capital about Amazon's role in proposed acquisition of Aditya Birla Group's supermarket chain More. The regulator is concerned that Amazon may violate the revised FDI policy for e-commerce sector through the deal. As per the revised policy, e-tailers cannot sell products of companies they have a stake in.