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Updated: Only 9 fraud complaints against e-commerce firms in the last two years

Update: The ministry of corporate affairs has said that the Competition Commission of India(CCI) is going to look into the anti-competitive conduct of online retailers. The retailers under scrutiny are Flipkart India, Amazon Seller Services,  Vector e-commerce, Jasper Infotech and Xerion Retails. The government has also asked the serious fraud investigation office to file prosecution under the provisions of the Companies Act, 1956 and the Indian Penal Code against Goldquest International and its group company Questnet Enterprises and Abcindya Networks. The statement added that investigation reports with respect to Unipay2U group of companies and Speakasia Online are under examination. The department of consumer affairs is also considering inclusion of necessary safeguards for protection of rights of consumers of technology-based marketing e-commerce, telemarketing etc as part of the proposed amendment in the Consumer Protection Act, 1986. (Link here) The Ministry of Finance…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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