Amazon appeals to Supreme Court in Future deal dispute

Amazon alleges the Future Group violated contracts by agreeing to sell its retail assets to Reliance Industries last year

Amazon.com Inc has mounted a legal challenge against its partner Future Group's $3.4 billion retail assets sale in the Supreme Court. Credit: Reuters Photos

Amazon.com Inc has mounted a legal challenge against its partner Future Group's $3.4 billion retail assets sale in the Supreme Court, two sources told Reuters on Thursday, marking the US firm's latest effort to block the deal.

Also read: HC stays direction to maintain status quo on Future-Reliance deal

Amazon, locked in legal disputes with Future, alleges the Future Group violated contracts by agreeing to sell its retail assets to Reliance Industries last year. Future denies any wrongdoing.

Also read: Bezos-Ambani spat tests India’s allure for foreign investors

A New Delhi court this week dealt a blow to the US firm by revoking a previous court decision that effectively blocked the deal, and Amazon has filed an appeal against it in the Supreme Court in the capital city, the two sources said.

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