In a recent development, the Indian government has announced new regulations for the e-commerce sector in India. The new rules aim to tighten control over inventory and ensure fair competition in the market. The regulations require e-commerce companies to treat all vendors equally, prohibiting them from giving preferential treatment to any seller. Additionally, the government has banned flash sales on e-commerce platforms, a move aimed at protecting the interests of consumers. The new regulations also mandate that e-commerce platforms must provide detailed information about sellers, including their business name, address, and contact details. This transparency is intended to enhance consumer trust and protect them from counterfeit products. The government’s decision to introduce these regulations comes as part of ongoing efforts to regulate the e-commerce sector and promote fair trade practices in India. Industry experts believe that these regulations will have a significant impact on the e-commerce landscape in the country, potentially changing the way business is conducted online. E-commerce giants operating in India will need to adapt to these new rules to ensure compliance and avoid penalties. Overall, the new regulations are expected to level the playing field for all sellers on e-commerce platforms and benefit consumers by providing them with more transparency and protection.

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