Amazon.com will face a shareholder vote calling for an independent audit of its treatment of warehouse workers after the top U.S. securities regulator turned down the company's request to skip the resolution.
A Delhi court has halted arbitration proceedings between India's Future Group and its estranged U.S. partner Amazon in light of the national antitrust agency's suspension of a 2019 deal between the two sides.
Future Retail has asked an Indian court to declare arbitration proceedings in Singapore with Amazon as illegal, arguing that India's antitrust agency had suspended a 2019 deal used by Amazon to assert rights over Future.
Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to "further restrict competition."
Amazon has asked India's antitrust regulator to revoke its approval for Future Retail's $3.4 billion sale of retail assets to Reliance, saying it was "illegally obtained", violating an order suspending the deal.
U.S. Senator Elizabeth Warren called for breaking up Amazon and Indian retailers demanded a government probe of the company after an investigation showed the Amazon had copied products and rigged search results in India.