Amazon files new legal challenges in dispute with Future Group
Amazon.com Inc has filed fresh legal challenges in its long-running dispute with Indian retailer Future Group after the national antitrust agency suspended a 2019 deal between the two sides, leading to a halt in their arbitration, four sources told Reuters on Sunday.
Amazon.com Inc has filed fresh legal challenges in its long-running dispute with Indian retailer Future Group after the national antitrust agency suspended a 2019 deal between the two sides, leading to a halt in their arbitration, four sources told Reuters on Sunday.
The Competition Commission of India (CCI) last month suspended its approval of Amazon's 2019 deal with Future, denting the US e-commerce giant's attempts to block the sale of Future's retail assets to Indian market leader Reliance Industries.
For all latest news, follow The Daily Star's Google News channel. The suspension jolted Amazon as subsequently a New Delhi court halted the arbitration proceedings between the two sides.