A dull Independence Day for e-commerce platforms
Various e-commerce platforms use I-Day to multiply their sales by providing heavy discounts. This year saw a change in this pattern. Amazon and Flipkart, the two e-commerce giants chose not to aggressively campaign their I-Day sale. The Competition Commission of India (CCI)’s current investigation on the allegations of deep discounting by e-markets had resulted in a low-key Independence Day sale. The Government also plans on proposing changes like banning flash sales, mandating platforms…
This is a rundown of last week’s news updates on eCommerce & Licensing:
E-Commerce in India to touch $40 billion by 2030: Report
As per the report - Value E-commerce: The next big leap in India's retail market, India is set to touch new heights in the field of e-commerce. Currently, the e-commerce market is valued at $4 billion and as per the report, this figure is to touch $20 billion by 2026 and $40 billion by 2030. The main reason…
This is a rundown of last week’s news updates on eCommerce & Licensing:
Amazon’s largest seller to stop operations in India
Cloudtail India is a wholly owned subsidiary of Prione Business Services, which was in a joint venture with Amazon and Nagavara Ramarao Narayan Murthy’s Catamaran Ventures. The joint partners have decided not to renew their seven-year-old partnership with Cloudtail India, which ends on May 19, 2022. This decision comes at a time when the surveillance of the operations of foreign…
This is a rundown of last week's news updates on eCommerce & Licensing:
Rummy & Poker now declared as games of skill.
In a huge win for gaming companies offering online card games, the Madras High Court stated that Rummy and Poker are games of skills. Chief Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy presided over the case of Junglee Games India Pvt. Limited and Rahul Nandkumar Bharadwaj Vs. The State of Tamil Nadu and Ors. (W.P. No. 18022 of 2020)…
Background
On 23rd July, 2020 the Central Government had notified the Consumer Protection (E-Commerce) Rules, 2020. The Department of Consumer Affairs on 21st June, 2021 published the proposed amendments to Consumer Protection (E-Commerce) Rules, 2020 and had sought views/ comments/ suggestions to be sent within 15 days, i.e., by 6th July, 2021 by email to js-ca@nic.in. Later the last date was extended to 21st July, 2021.
Structure
The comments, suggestions and inputs have been provided in two parts. The first part…
The Center has extended the deadline for seeking suggestions on the proposed e-commerce rules till July 21, 2021 according to a notification issued by Center on July 5, 2021. Earlier the Ministry of Consumer Affairs had sought feedback on the proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020, till July 6, 2021.
Highlights of Duties and Liabilities of Marketplace E-commerce and Inventory E-commerce entities:
Liabilities of Marketplace E-commerce entities:
• To provide information about the country of origin, best before…
INTRODUCTION
On 23rd July, 2020 the Central Government had notified the Consumer Protection (E-Commerce) Rules, 2020. The Department of Consumer Affairs on 21st June, 2021 published the proposed amendments to Consumer Protection (E-Commerce) Rules, 2020 and has sought views/ comments/ suggestions to be sent within 15 days, ie., by 6th July, 2021 by email to js-ca@nic.in.
In summary the amendments proposed are as follows:
Registration of entities with DPIIT shall be mandatory
Chief Compliance Officer, Nodal Contact Person and Grievance…
Chingari and Koinange Records collaborate on Licensing deal, Netflix and Sony Strike Groundbreaking Licensing deal, Benetton India and Timex ink Licensing deal, WhatsApp announces eCommerce Friendly Business Features and The Integration of Social Media and eCommerce.
Chingari and Koinange Records collaborate on Licensing deal
Chingari, the India-based short video app, has struck a licensing deal with Koinange Records and the alliance is said to promote localised content in every language on the video app. Koinange records is also set to collaborate…
Maharashtra Government Releases Guidelines for E-Commerce and Food Delivery Firms, Significance of Growth of eCommerce policy in India, MasterCard’s report details growth of eCommerce in 2020, Shopify to get an eCommerce Grocery-Selling App, Saregama and Triller Enter into Global Music Licensing Deal and TikTok inks Licensing deal in South Africa.
MAHARASHTRA GOVT. RELEASES GUIDELINES FOR E-COMMERCE AND FOOD DELIVERY FIRMS
On April 4th 2021, the Maharashtra Government released a “Break the Chain” order. Effective from April 10th 2021, the order requires…
Ministry of Commerce and Industry introduces the Copyright (Amendment) Rules, 2021
The Ministry of Commerce and Industry has issued a notification, through the Department for Promotion of Industry and Internal Trade (DPIIT), introducing the Copyright (Amendment) Rules, 2021, with effect from 30th March, 2021.
A copy of the rules may be accessed here.
Meity introduces the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021
The Ministry of Electronics and Information Technology (MeitY) has issued a notification, introducing the Information Technology…