Competition Commission of India pitches for self-regulation of ecomm platforms
NEW DELHI: India’s competition watchdog has called for clear policies on deep discounts and transparency in seller ratings by large ecommerce companies, in what could have significant implications for etailers such as Amazon and Flipkart.
The Competition Commission of India (CCI) on Wednesday unveiled a set of self-regulation guidelines for the ecommerce sector, along with the findings of an ecommerce market study it initiated in April last year. “Bring out clear and transparent policies on discounts, including inter alia (among other things) the basis of discount rates funded by platforms for different products/suppliers and the implications of participation/non-participation in discount schemes,” the report titled “Market Study on ecommerce in India: Key Findings and Observations” said.