India’s antitrust regulator has approved the acquisition of Future Retail by Reliance Industries for $ 3.5 billion, ignoring Amazon calls to block the deal. The Indian Competition Commission has approved the transaction by Reliance Retail Ventures and Reliance Retail, the regulator said on Friday. Amazon, led by Jeff Bezos, had written to antitrust authorities and market regulators asking them to block the deal, alleging that the sale of Future to Mukesh Ambani, Asia’s richest man, violated a contract made with the American online retailer. The antitrust approval intensifies Amazon’s fight…

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