- In the upcoming e-commerce policy, the conflict of interest that arises because of control of vendors' inventory by e-marketplace entities will be addressed.
- There will be clear distinction between marketplace model and the inventory based model under the new policy.
- Mainly focused on third party products to be put on sale in thr platform.
- In an inventory model - the e-commerce company owns the goods and services and they are directly sold to the consumers.
- In a marketplace model - the e-commerce marketplace offers a digital platform to facilitate transactions between buyers and sellers.
- To address various competition related issues, such as deep discounting, lack of platform neutrality, misuse of data by platforms and non-transparent search-ranking, concerning e-commerce marketplaces, the commitee suggested that there must be 'clear definitions' for those two models.
- An e-commerce market should not sell its own products and that sellers on the platform should only be third party sellers.
Tuesday, July 26, 2022
New policy may allow only third party items on e-marketplaces.
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