BENGALURU -- Amazon's bid to block the merger of two Indian retailing rivals has taken a dramatic turn after local regulators slapped the U.S. e-commerce giant with a $26 million fine for allegedly "hiding the actual scope" of its own deal involving one of the companies.
Retail
Amazon's bid to halt India's Reliance-Future deal hits setback
Local regulator fines US titan for allegedly hiding 'scope' of own 2019 deal
Reliance Industries agreed last year to buy Future Group, but Amazon has challenged the legitimacy of the deal. (Source photo by Reuters and AP)
Read Next
Latest on Retail
