China issues new rules to regulate internet platform pricing

Share via:


Synopsis

China will bring in new rules from April 10 to control pricing practices on online platforms. The regulations ban tactics such as higher fees or search penalties to force sellers to cut prices. Despite this, major ecommerce firms continue price wars, hurting merchants even as consumers benefit.

Image for China issues new rules to regulate internet platform pricingIANS
China’s cyberspace authority ‍said on Saturday it would introduce ⁠new regulations to regulate pricing on internet platforms effective from April ‌10.

The rules, ‌among other things, reiterate that ‌platform owners must not use means like…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

China issues new rules to regulate internet platform pricing


Synopsis

China will bring in new rules from April 10 to control pricing practices on online platforms. The regulations ban tactics such as higher fees or search penalties to force sellers to cut prices. Despite this, major ecommerce firms continue price wars, hurting merchants even as consumers benefit.

Image for China issues new rules to regulate internet platform pricingIANS
China’s cyberspace authority ‍said on Saturday it would introduce ⁠new regulations to regulate pricing on internet platforms effective from April ‌10.

The rules, ‌among other things, reiterate that ‌platform owners must not use means like…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

India Announces First Agentic AI–Powered Multi-Specialty Hospital Pilot

India has announced its first “agentic multi-specialty hospital,” powered...

6 Viral ChatGPT prompts to decode your life without...

An AI expert has sparked widespread discussion on...

Popular