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Amazon vs Reliance In Retail - The Big And Expensive Fight In 10 Points
U.S. retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's Rs 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal challenges in its long-running dispute with Future after the antitrust agency Competition Comm...
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Amazon vs Reliance In Retail - The Big And Expensive Fight In 10 Points
U.S. retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's Rs 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal challenges in its long-running dispute with Future after the antitrust agency Competition Comm...
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Arbitration Panel Rejects Future's Plea On Reliance Deal In Dispute With Amazon
A Singapore arbitration panel has rejected Future Retail's plea to quash an order from last year that put its $3.4 billion deal with Reliance on hold, in a boost for its partner Amazon.com Inc which is seeking to block the transaction.
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Did Amazon Misrepresent Future Deal? Verdict In 2 Weeks, Says Court
Delhi High Court ruled on Tuesday that CCI has two weeks to decide whether Amazon misled authorities while seeking approval for the Future Group deal
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Amazon's Unexpected Move In Supreme Court In Fight Over Future Retail
Amazon has asked Supreme Court to pause a review of allegations that it concealed information while seeking antitrust clearance for Future Group deal
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Amazon-Future Case: Top Court Expresses Displeasure Over Documents Submission
The bench had sought small written submissions to the litigation in place of "truckload" of bulky documents.
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"Revoking Future Deal Will Boost Reliance Industries": Amazon Warns Antitrust Body
While Future is staring at liquidation, the legitimacy of the small $200 million deal could have far-reaching consequences for the country's retail sector.
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Amazon-Future Deal Revoked, Rs 202 Crore Penalty Imposed On Amazon
The Competition Commission of India suspended its approval for Amazon's deal with Future Coupons and also imposed a penalty totalling Rs 202 crore on the e-commerce giant
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In Fight With Amazon, Future Retail Sees Liquidation If Reliance Deal Fails
Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance, alleging that FRL had breached certain contract provisions it entered into last year in a separate deal with the U.S firm.
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Future Retail Says Amazon Dispute Order Not Binding On Company
Amazon on October 25 won an injunction from the arbitrator to halt FRL's deal to sell its retail assets to Reliance Industries for $3.4 billion.
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Fair Trade Regulator Clears Reliance-Future Retail Deal Despite Amazon Objection
Amazon - an investor in one of Future's holding companies - last month won an injunction against the deal from an arbitrator in Singapore.
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Future Retail Surges As Competition Regulator Approves Amazon Investment
In a brief statement on Thursday, the Competition Commission of India (CCI) said it had approved Amazon's purchase of a 49 per cent stake in Future Coupons.
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Competition Commission Accuses Amazon Of Hiding Facts In Future Group Deal
In a letter dated June 4, the Competition Commission of India said Amazon hid factual aspects of the transaction by not revealing its strategic interest in Future Retail when it sought approval for the 2019 deal.
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Future Retail Denies Amazon's Claim Of "Fraudulent Stratagem"
Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.
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Declare Arbitration With Amazon Illegal, Future Retail Asks Delhi High Court
Future Retail has asked Delhi High Court to declare ongoing arbitration proceedings with Amazon.com illegal, saying the country's antitrust agency had suspended a 2019 deal which Amazon used to assert its rights over Future.
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Amazon vs Reliance In Retail - The Big And Expensive Fight In 10 Points
U.S. retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's Rs 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal challenges in its long-running dispute with Future after the antitrust agency Competition Comm...
-
Amazon vs Reliance In Retail - The Big And Expensive Fight In 10 Points
U.S. retail giant Amazon and India's Future Group have been locked in a legal battle for more than a year now. The stand-off has halted Future's Rs 24,500 crore ($3.4 billion) deal with Reliance Industries. Adding more twists, Amazon has filed fresh legal challenges in its long-running dispute with Future after the antitrust agency Competition Comm...
-
Arbitration Panel Rejects Future's Plea On Reliance Deal In Dispute With Amazon
A Singapore arbitration panel has rejected Future Retail's plea to quash an order from last year that put its $3.4 billion deal with Reliance on hold, in a boost for its partner Amazon.com Inc which is seeking to block the transaction.
-
Did Amazon Misrepresent Future Deal? Verdict In 2 Weeks, Says Court
Delhi High Court ruled on Tuesday that CCI has two weeks to decide whether Amazon misled authorities while seeking approval for the Future Group deal
-
Amazon's Unexpected Move In Supreme Court In Fight Over Future Retail
Amazon has asked Supreme Court to pause a review of allegations that it concealed information while seeking antitrust clearance for Future Group deal
-
Amazon-Future Case: Top Court Expresses Displeasure Over Documents Submission
The bench had sought small written submissions to the litigation in place of "truckload" of bulky documents.
-
"Revoking Future Deal Will Boost Reliance Industries": Amazon Warns Antitrust Body
While Future is staring at liquidation, the legitimacy of the small $200 million deal could have far-reaching consequences for the country's retail sector.
-
Amazon-Future Deal Revoked, Rs 202 Crore Penalty Imposed On Amazon
The Competition Commission of India suspended its approval for Amazon's deal with Future Coupons and also imposed a penalty totalling Rs 202 crore on the e-commerce giant
-
In Fight With Amazon, Future Retail Sees Liquidation If Reliance Deal Fails
Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance, alleging that FRL had breached certain contract provisions it entered into last year in a separate deal with the U.S firm.
-
Future Retail Says Amazon Dispute Order Not Binding On Company
Amazon on October 25 won an injunction from the arbitrator to halt FRL's deal to sell its retail assets to Reliance Industries for $3.4 billion.
-
Fair Trade Regulator Clears Reliance-Future Retail Deal Despite Amazon Objection
Amazon - an investor in one of Future's holding companies - last month won an injunction against the deal from an arbitrator in Singapore.
-
Future Retail Surges As Competition Regulator Approves Amazon Investment
In a brief statement on Thursday, the Competition Commission of India (CCI) said it had approved Amazon's purchase of a 49 per cent stake in Future Coupons.
-
Competition Commission Accuses Amazon Of Hiding Facts In Future Group Deal
In a letter dated June 4, the Competition Commission of India said Amazon hid factual aspects of the transaction by not revealing its strategic interest in Future Retail when it sought approval for the 2019 deal.
-
Future Retail Denies Amazon's Claim Of "Fraudulent Stratagem"
Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.
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Declare Arbitration With Amazon Illegal, Future Retail Asks Delhi High Court
Future Retail has asked Delhi High Court to declare ongoing arbitration proceedings with Amazon.com illegal, saying the country's antitrust agency had suspended a 2019 deal which Amazon used to assert its rights over Future.
