Amazon files new legal challenges in dispute with Future Group-sources

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 66%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

NEW DELHI : 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

NEW DELHI : 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 suspension jolted Amazon as subsequently a New Delhi court halted the arbitration proceedings between the two sides. Separately, two other sources said, Amazon also filed a challenge in the Supreme Court against the Delhi court decision in which judges last week that said Future-Amazon arbitration proceedings must remain on hold until Feb. 1 in light of the antitrust suspension of the deal.The filings are the latest in the bitter legal dispute which has embroiled Amazon, Future and Reliance over what is seen as a battle for retail supremacy in India's booming consumer market.

Amazon has long argued that Future violated the terms of its 2019 deal in deciding to sell retail assets to Reliance. The U.S. company's position has so far been backed by the Singapore arbitrator and Indian courts. Future denies any wrongdoing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Djokovic challenged officials on visa cancellation: Court filingSYDNEY: Novak Djokovic's legal challenge to the Australian government's decision to cancel his visa on arrival this week says a certified COVID-19 infection in December meant he Serology tests might help to settle tis issue.. He is a moron. He should be appealing and not legal challenging. A country have every right to refuse a visa after all you are asking permission to visit that country.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »