ordered an investigation into amazon and wal-mart's flipkart over suspected violations of competition law amazon and flipkart have faced accusations in india that the companies broke the law by taking billions of dollars in losses to sell products at a steep discount and discriminated against smaller retailers now in a court filing issued on monday in the city of mega lou amazon's attorneys say the investigation order suffers from a non application of mind as it appears to contain no reference to the finding of appreciable adverse effect on competition flipkart has yet to file a similar order but following the announcement of the probe the company said it was fully compliant with indian laws. break but stay there because when we come back facebook is headed to court with the i.r.s. over a possible $9000000000.00 tax bill that hasn't been paid well explain what both sides are saying and why this case will have a huge impact on other tech companies. much more on the other side of the break. 24 to you know bloody revolution. the demonstrations going to be relatively peaceful political pr

welcome back it was on and wal-mart's flipkart have found allies in fighting a proposed tax in india which would hit 3rd party sellers on their platforms as we previously reported online retailers will face a one percent tax on each sale made by 3rd party sellers on their sites beginning in april the new tax would still need approval from the country's parliament now according to a report from reuters the federation of indian chambers of commerce and industry is preparing a presentation for the government which states the tax would cause irreparable loss to the entire industry with increased compliance burden this will also lead to reduced trading activity now also according to reuters another group the us india strategic partnership forum is simply asking for the tax to be delayed until april 1st of 2021 the government is pursuing the plan to increase tax revenues and fight back against an economic slowdown brought on by weakening weakening consumer demand . it is not used responsibility to adapt to facebook it is facebook's responsibility to adapt to new rules that is apparently th