Now, Amazon Scores Over Future Retail In Major Court Decision
NDTV
The ruling came after Future said in court that given India's antitrust agency had suspended a 2019 deal used by Amazon to assert rights over Future, there was no legal basis for the arbitration between the two sides to continue.
Court on Tuesday dismissed Future Retail's plea to declare arbitration proceedings with its warring partner Amazon.com Inc as illegal.
The ruling came after Future said in court that given India's antitrust agency had suspended a 2019 deal used by Amazon to assert rights over Future, there was no legal basis for the arbitration between the two sides to continue.
Justice Amit Bansal at the Delhi High Court said on Tuesday that the filings were dismissed, without giving any further details.
A written order will be released later Tuesday.