Opinion
It's Bezos versus Ambani in the battle for India's riches
Jeff Bezos and Mukesh Ambani are fighting over pole position in the only billion-plus-people consumer market available to both of them.
Andy MukherjeeA vanilla commercial dispute is setting the stage for a clash between the world's No. 1 and No. 6 richest men. But the legal wrangling is a sideshow. What Jeff Bezos and Mukesh Ambani are really fighting over is pole position in the only billion-plus-people consumer market available to both of them: India.
The ostensible battleground is a $US3.4 billion ($4.8 billion) deal Indian tycoon Ambani's Reliance Industries stitched up in August to acquire assets of debt-laden local retailer Future Group. Bezos' Amazon.com is trying to block the transaction.
Bloomberg
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