wordpress blog stats
Connect with us

Hi, what are you looking for?

Delhi HC refuses to interfere in Amazon–Future Retail conflict, says regulators can decide on their own

The Delhi High Court on Monday refused to stop Amazon from pushing regulators to stop the sale of the Future Group's businesses to Reliance Retail, LiveLaw reported. Justice Mukta Gupta said in a 132-page judgement obtained by LiveLaw (not yet made available on the Delhi High Court's website) that while it wouldn't stop the deal from happening, the court wouldn't interfere with regulators making their own assessment of the legality of Future Retail's sale. The Emergency Arbitrator's order that Amazon obtained from Singapore was not repudiated either, putting the ball firmly in the court of regulatory agencies. The stakes are high for this deal, which is valued at ₹24,713 crore. Each party to the case sent reputed and seasoned litigators to the Delhi High Court, with Gopal Subramanium appearing for Amazon, Harish Salve appearing for Future Retail, Mukul Rohatgi appearing…

Please subscribe/login to read the full story.
Written By

I cover the digital content ecosystem and telecom for MediaNama.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ