Amazon wins the legal case to put Reliance-Future Retail deal on hold
Amazon and RIL had been at each other’s throats since the deal’s announcement
RIL decided to buy retail and some other businesses of Future Group for $3.38 Bn in August last year
According to Amazon, the deal breaches agreements made in 2019 by Future Group
In October last year, Amazon won arbitration order against the deal
Delhi High Court directed parties concerned to put the deal on hold until the final verdict