Amazon would pay $51 million to Toys “R” Us
June 13th, 2009 Leave a comment Visited 104 times, 5 so far today
Amazon would pay $51 million to Toys R Us
US based online retailing giant Amazon has revealed that they are going to pay $51 million to Toys R Us for settling their legal disputes.
The company said in a regulatory filing that the money would be given during the third quarter.
This would help the company end their legal disputes with the rival that started long time back in 2004.
Toys R US had filed the lawsuit claiming Amazon.com had breached a partnership deal signed with them related to exclusive rights to sell some items on the Amazon web store.
Amazon, amazon.com, Lawsuits, online retail stores, Retail, retail stores, Toys "R" Us, USA
Manuj Kumar
Category: Legal Hassles
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