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China proposes draft rules on internet platform pricing
Draft rules require Chinese internet platforms to disclose pricing clearly and prohibit unfair price manipulation, aiming to protect merchants and consumers during a one-month public consultation.
- China proposed draft rules on internet platform pricing, seeking public comment after complaints of unfair or misleading pricing by big platforms.
- The draft rules aim to encourage price transparency and fairness, requiring platforms and merchants to adhere to pricing regulations and disclose fee changes.
- Merchants have accused mega platforms of manipulating prices, while consumers have complained of misleading pricing, leading to regulatory action like Alibaba's record $2.75 billion antitrust fine in 2021.
19 Articles
19 Articles
China solicits public opinions on regulating price-related acts of platform economy
Chinese authorities on Saturday began to solicit public opinions on a draft regulation of price-related acts for internet platform companies to promote the healthy development of the sector.The draft regulation, jointly issued by the National Development
Channel News Asia
China proposes draft rules on internet platform pricing
SHANGHAI: China proposed rules for internet platform pricing on Saturday (Aug 23), seeking public comment after a raft of complaints by merchants and consumers of unfair or misleading pricing by big platforms. The draft rules for platforms selling goods or services are meant to encourage price transparency
China Targets Pricing Fairness in E-Commerce
China has released draft rules for internet platform pricing, addressing merchant and consumer complaints about unfair practices. The rules aim to promote price transparency, and platform operators and merchants must adhere to clear pricing regulations. The public can comment on these proposals for a month.
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