India courtroom orders antitrust physique to rule on Amazon-Future dispute inside two weeks

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By Aditya Kalra
NEW DELHI (Reuters) – An Indian courtroom dominated on Tuesday that the nation’s antitrust physique has two weeks to resolve whether or not Amazon misled authorities whereas searching for approval for a 2019 take care of India’s Future Group, a gaggle of Indian retailers stated.
The Confederation of All India Merchants (CAIT) stated in a press release it had filed the case to the Delhi Excessive Court docket on Monday and the ruling was made on Tuesday.
Amazon and Future, India’s second-largest retailer, have been locked in a authorized battle since final yr. The e-commerce large efficiently blocked Future’s bid to promote its retail property to rival Reliance for $3.4 billion, accusing its companion of breaching some pre-existing agreements.
Future, which denies any wrongdoing and fears liquidation if it fails to promote …

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