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'East India Co.': Amazon's fight with Ambani sparks foreign vs local debate

At the center of the case is Amazon's efforts to block Reliance's planned purchase of Future Group's assets

The legal spat has not only revealed the intensity of the fight between two of the world’s richest men -- Jeff Bezos and Ambani -- but has also sparked a “foreign versus local” debate
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The legal spat has not only revealed the intensity of the fight between two of the world’s richest men -- Jeff Bezos and Ambani -- but has also sparked a “foreign versus local” debate

Saritha Rai | Bloomberg
A battle between Amazon.com Inc. and Reliance Industries Ltd. to dominate India’s $1 trillion consumer market is stoking nationalist rhetoric in a courtroom and outside, as the two companies tussle over the future of a distressed local retailer.

At the center of the case is Amazon’s efforts to block Reliance’s planned purchase of Future Group’s assets, saying the Indian retailer violated a contract by agreeing to a sale to a rival controlled by billionaire Mukesh Ambani. The Delhi High Court is now weighing if the U.S. e-commerce giant has any legal basis to object to the transaction and a ruling is