On May 27,2026, the Supreme Court delivered a judgment that will reshape how practitioners approach combination filings in India. In Amazon.com NV Investment Holdings LLC v. Competition Commission of India, the court set aside the CCI's 2021 order that had penalized Amazon, kept its 2019 approval in abeyance, and directed a fresh Form II notice for investment in Future Coupons Private Limited. Across six issues, the Court ruled entirely for Amazon. The judgment deserves a careful reading not as a story about Amazon or Future Group, but as a structural statement about the outer limits of combination control enforcement in India.