MUMBAI, Aug 10 (Reuters Breakingviews) - Amazon (AMZN.O) will face an antitrust investigation in India alongside Walmart’s (WMT.N) Flipkart. The country’s top court on Monday scolded the pair for trying to resist a probe read more for allegedly promoting select sellers on their platforms, among other things. The U.S. e-commerce behemoth promptly announced it would disband a controversial seven-year-long equity partnership which governed one of its top merchants. That won’t hamper Amazon too much if the erstwhile partner can keep selling on its own. And Amazon has more large retailers than it did when it first started. Elsewhere the country’s top court on Friday helped read more Amazon move a step closer to blocking a $3.4 billion deal that would have handed control of Future Group’s retail assets, including the country’s second biggest retailer, to Mukesh Ambani’s Reliance Industries (RELI.NS). India upheld an interim order by a Singapore tribunal to press pause – a tentative legal win that many doubted the Americans could secure in a market seen to favour domestic rivals. So far Amazon’s grit it serving it well. (By Una Galani) On Twitter http://twitter.com/breakingviews Capital Calls - More concise insights on global finance: Ex-SPAC combo doubles Golden Nugget money read more Brookfield digs for returns in Texas read more Macquarie goes fishing in UK water dregs read more Delivery Hero diversifies its portfolio of rivals read more Virgin Atlantic IPO needs strong tailwind read more
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