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Amazon's bid to acquire stake in Indian retailer faces antitrust hurdle: sources

By Aditya Kalra

Nov 4 2019 12:24PM

Online behemoth faces market entry hurdles.

Amazon's bid to acquire stake in Indian retailer faces antitrust hurdle: sources

India's antitrust body has sought more information from Amazon.com Inc about its planned acquisition of a stake in India's Future Retail , sources with knowledge of the matter told Reuters, which could potentially delay the deal. Amazon in August agreed to acquire a 49 percent stake in a unit of ...

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