Taken together with Enforcement Directorate investigation into alleged forex rule violations, Amazon is facing its biggest challenges in India yet
Last November, a lawyer for Future Retail Limited (FRL) told Delhi High Court that Amazon is interfering with its lawful business and thousands may lose their jobs and FRL may go bankrupt. Senior advocate Harish Salve, who appeared for FRL, likened Amazon to East India Company.
Senior advocate Gopal Subramanium, who represented Amazon, told the Future counsel to keep the “East India Company” rhetoric aside, as Amazon has invested $6.5 billion all over India and created 900,000 jobs. This drama played out in the case in which Amazon has challenged Future’s $3.4-billion deal with Reliance, alleging the retailer’s deal breached an agreement with the American e-commerce firm.
Before that, in February last year in Karnataka High Court, the legal counsels
First Published: Mar 12 2021 | 6:10 AM IST