ED searches premises linked to vendors of top e-tailers in 4 states
Thursday, 7 November 2024 The Enforcement Directorate (ED) is investigating Amazon and Flipkart for potential violations of foreign exchange regulations. The probe, stemming from complaints about unfair business practices, focuses on allegations that the e-commerce giants manipulate pricing and disadvantage smaller vendors. While searches were conducted at vendor locations, the ED hasn't targeted Amazon or Flipkart directly yet.
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TMZ may collect a share of sales or other compensation from links on this page. We're still a few days away from Amazon Prime Day 2025's official kickoff on July.. TMZ.com
Canada has officially scrapped its controversial 3% Digital Services Tax after former U.S. President Donald Trump halted all trade talks and threatened new tariffs. The tax, set to target tech giants like Amazon, Google, and Meta, faced intense U.S. backlash. Finance Minister Champagne said rescinding the tax is essential to reviving stalled negotiations. Ottawa had previously vowed not to yield, but with over 80% of Canadian exports reliant on the U.S., the rollback clears the way for renewed talks ahead of a July 21, 2025 deadline.
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~HT.410~ED.103~
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Thursday, 7 November 2024
![Canada BOWS DOWN to Trump’s PRESSURE | Rescinds Digital Tax after Trump ‘KILLED’ Trade talks [Video]](https://video.newsserve.net/300/v/20250630/1415129112-Canada-BOWS-DOWN-to-Trump-PRESSURE.jpg)
