The Supreme Court on Wednesday (May 27, 2026) set aside the National Company Law Appellate Tribunal’s (NCLAT's) June 2022 order, which had rejected U.S. e-commerce giant Amazon's appeal against an anti-trust suspension of its investment deal with Future Group.

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A Bench of Justices Vikram Nath and Sandeep Mehta also set aside the Competition Commission of India's (CCI) December 17, 2021, order, which had levied a ₹202 crore penalty on Amazon and suspended its deal with Future.

"In view of the findings recorded above, the appeal is allowed. The impugned judgment dated June 13, 2022, passed by the NCLAT and the order dated December 17, 2021, passed by the CCI are set aside," Justice Nath said while pronouncing the verdict.

The Supreme Court said that if any amount was deposited or recovered from Amazon pursuant to these orders, the same should be refunded within eight weeks.

The Bench delivered its verdict on a plea filed by Amazon challenging the NCLAT’s June 2022 order.