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Future of retail at stake: Why Amazon is feuding with Biyani and Ambani

Amazon is willing to 'sink the ship' but doesn't want Reliance to acquire Future's assets, says one analyst.

Jeff Bezos
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File photo of Jeff Bezos (Photo: Reuters)

Bhuma Shrivastava and Upmanyu Trivedi | Bloomberg New Delhi
A legal spat between Amazon.com Inc. and its Indian partner that started before an arbitrator in Singapore just got fiercer in a court in New Delhi.
 
The US e-commerce giant and Future Group, whose assets billionaire Mukesh Ambani’s Reliance Industries Ltd. recently agreed to buy for $3.4 billion, are locked in a dispute over that deal. Amazon says Future violated a contract with the sale to its rival and wants to halt it, while the indebted Mumbai-based firm says it would collapse if the transaction were to fail.

The Jeff Bezos-led e-tailer has accused Future and its founder Kishore Biyani

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