wordpress blog stats
Connect with us

Hi, what are you looking for?

#NAMApolicy: Press Note 3, regulating pricing, deep discounting, and anchor sellers in ecommerce

This report is the third in our series covering the discussion on the different aspects of eCommerce policy and the impact it has on every aspect of the internet, including digital products and anti-competitive issues, privacy, protectionism. Read the first and second here (all here). The discussion was held on October 10, in Bengaluru. What follows is a paraphrased and edited transcript of the session. Why Press Note 3 and the E-commerce policy? When Press Note 3 came into the picture, the regulator wanted to ensure that what you couldn’t do offline, you shouldn’t do online. B2C and B2B trading was already there back when the new age companies came with the funda of launching marketplaces. They did not want to get into B2C, which is why they could have FDI, because there were regulations, or sectoral caps for retail trading at the time. (Winnie Shekhar, IndusLaw) Press Note 3 created more confusion, when the government began looking at ecommerce as buying and selling of goods and services, they began regulating e-commerce from this prism. The regulation said that if you’re a manufacturer, you can sell. If you’re a marketplace, you are only a facilitator and you should not influence prices, or define how much can be sold, or how discounts should be funded. (Winnie Shekhar, IndusLaw) Regulating pricing and deep discounting The government has not clarified why they want to regulate this pricing. Although they’re saying these platforms are simply facilitators, it goes back to how you look at an intermediary…

Please subscribe/login to read the full story.
Written By

I cover health, policy issues such as intermediary liability, data governance, internet shutdowns, and more. Hit me up for tips.

Free Reads

News

Telecom companies are against a regulatory sandbox, as they think information revealed by businesses during the sandboxing process might be confidential should be out...

News

According to a statement, the executive body of the European Union had also sought internal documents on the risk assessments and mitigation measures for...

News

The newly launched partially open-sourced LLM Grok-1 can be commercially used but not trademarked.

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

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ