Amazon opposing deal as Reliance is competitor: Future

MUMBAI: Future Retail Ltd (FRL) told the Delhi High Court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor, a contention denied by the US-based ecommerce giant which said it was interested in salvaging FRL.

FRL contended before a bench of Chief Justice D N Patel and Justice Jyoti Singh that Amazon was not concerned if the deal f all s through then all the shops of the Indian company would be closed down and it's more than 25,000 employees would be without any livelihood.