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Weekly news updates for the E-commerce domain.
E-Commerce monopolistic practices to be curbed by CAIT campaign
In order to curtail the anti-competitive practices carried out by big corporate houses, the Confederation of All India Traders (CAIT) will be launching a campaign to form clusters of traders on the cooperative model. CAIT will encourage and educate traders to form clusters and pool their resources including finance, technology and marketing in order to improve their purchasing power, negotiating with producers and also…
This is a rundown of last week’s news updates on E-Commerce and Licensing
E-commerce standards must balance the interests of all the stakeholders
The rules are meant to serve for a long time, said the commerce and industry minister, Piyush Goyal. The comment came after it was reported that several government agencies had voiced their concerns over the proposed consumer protection guidelines for e-commerce. “I have to protect everybody’s interest and balance consumer interest, e-commerce (players’) interests, retailers’ interests. Everybody’s interest…
This is a rundown of last week’s news updates on E-Commerce and Licensing
Amazon signs MoU with Gujarat
The e-commerce platform Amazon India signed a Memorandum of Understanding with the Industries and Mines Department, Gujarat Government with a view to provide a global platform to the homegrown businesses. As per the MoU, Amazon India will conduct trainings/ workshops/ webinars etc. for exporters and MSME owners from key clusters like Ahmedabad, Vadodara, Surat, Bharuch, and Rajkot. Amazon will share expertise regarding B2C…
This is a rundown of last week’s news updates on E-Commerce and Licensing :
Govt. to re-examine e-commerce draft rules
The government is facing significant criticism from both, the players of e-commerce industries and from various sections of the government over the draft e-commerce rules published in June. The draft rules contain various contradictions that are being flagged by the players and are seeking further amendments. “The definition of related party certainly needs some more clarity, otherwise it will be difficult…
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…
Amazon expands Support for Multiple Indian Languages, Streaming Platforms choose Self-regulation over Statutory Rules, Social Media Platforms and Advertisers check Harmful Content, Pakistan bans Dating Apps citing Immoral Content and Chingari and T-Series sign Licensing Deal.
Amazon expands Support for Multiple Indian Languages
The E-commerce giant, Amazon, has recently added support for a few more Indian languages on its website and apps. Apart from the previously added support for Hindi, which is the most popular language in India, Amazon’s apps…
Facebook Acquires VR Game Developer Studio; App-Based Bus Aggregator Shuttl Raises USD 36 Million; Germany’s Ecommerce Estimated to Hit Euro 68 Billion by 2019; Pinterest Launches Online Shopping Feature for Small Businesses; Musician Gene Simmons and IMG Ink Licensing Deal; Viacom Launches SpongeBob and MTV Branded Ecommerce Sites and more.
Facebook Acquires VR Game Developer Studio
Video game developer Beat Games, known for its popular virtual reality game Beat Saber, is being acquired by social media giant Facebook. Beat Games will…
Flipkart and FICCI to Conduct E-Commerce Workshop Series for MSMEs; PayPal Acquires Online Deal-Finding Company for USD 4 billion; E-Commerce Sites Top List of Consumer Complaints in India; Shutterstock Offers Affordable Music Licensing for Content Creators; Amazon’s Music Streaming Service is Now Free; Amazon Echo Will Now Play Spotify’s Free Music Service; Apple Finally Enters the B2B Streaming Market; Streaming Service Mubi Launches in India; Frozen 2 Release Accompanied by Record 67 Brand Deals in India and more.
Flipkart…