Walmart’s proposed deal with Flipkart appears to be moving along, but it turns out that an earlier arrangement between eBay and Flipkart may complicate matters:
“So even if Walmart gets control of Flipkart, it may not be able to consummate actual merchandise deals with Flipkart — it seems likely it’ll have to settle this arrangement first. eBay also has the right to take back control of the eBay India brand name should Flipkart get acquired, according to one person familiar with the arrangement.”
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