AMAZON - FUTURE RETAIL- RELIANCE
AMAZON- FUTURE RETAIL- RELIANCE: SUPREME COURT Shubham Budhiraja [1] I have divided this entire brief into few parts; 1. History & Introduction 2. Petitioner & Respondent contentions 3. Judgment of the Court 4. Road ahead HISTORY & INTRODUCTION The Dispute between Amazon and Future Retail and Reliance group has many facets. It is a battle to control the offline retail market between two dominant players. I.e. Amazon and Reliance Group Future Retail is a part of Future Group which started as offline Retail Company with a single store which later becomes India’s largest offline retail group in terms of revenue, consumer base, etc. The retail sector works in a way where cash inflows are delayed but cash outflow are on daily basis to maintain stock requirements, etc. Thus, working capital requirement is always high. Due to Covid-19, the retail sector particularly future group could not keep intact with its inflows and fixed debt c