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Amazon Wins Court Battle to Halt Deal Between India Partner, Reliance

By Wayne Ma
· · Source: Bloomberg

Amazon has persuaded India’s Supreme Court to halt regulatory approval of a deal involving its local retail partner, Future Group, according to Bloomberg and other local Indian media outlets. The ruling is a legal win for Amazon, which is battling competitors such as Walmart and Reliance Industries in India’s e-commerce market. Future Group, which faced a cash crunch amid Covid-19, planned...

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